The december 31 2013 balance sheet of schism inc showed


The December 31, 2013, balance sheet of Schism, Inc., showed $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $151,000 and $2,960,000 in the same two accounts, respectively. If the company paid out $146,000 in cash dividends during 2014. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

What was the cash flow to stockholders for the year? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

  Cash flow to stockholders

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The december 31 2013 balance sheet of schism inc showed
Reference No:- TGS01408879

Expected delivery within 24 Hours