Having the most difficult time with this week. Stuck... Corporate Finance Ross W

Question

Having the most difficult time with this week. Stuck...

Corporate Finance Ross Westerfield Jaffe 9e

Question 9, Chapter 2

The 2009 balance sheet of Anna's Tennis Shop, Inc. showed $430,000 in the common stock account and $2.6 million in the additional paid-in surplus account. The 2010 balance sheet showed $450,000 and $3.05 million in the same two accounts, respectively. If the company paid out $385,000 in cash dividends during 2010, what was the cash flow to stockholders for the year?

Any help is appreciated!

Explanation / Answer

Cash flow to stockholders = 385000+450000+3050000-430000-2600000 = 855000 answer Happy to help

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