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The 2014 statement of financial position of Rogers Tennis Shop Inc. showed $640,000 in the common stock account and $5.8 million in the additional retained
The 2014 statement of financial position of Rogers Tennis Shop Inc. showed $640,000 in the common stock account and $5.8 million in the additional retained earnings account. The 2015 statement of financial position showed $680,000 and $6.3 million in the same two accounts, respectively. |
If the company paid out $625,000 in cash dividends during 2015, what was the cash flow to shareholders for the year? (Enter the answer in thousands.) |
Cash flow to shareholders | $ |
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