1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
10

The 2014 balance sheet of Sugarpova’s Tennis Shop, Inc., showed $560,000 in the common stock account and $5.6 million in the add

itional paid-in surplus account. The 2015 balance sheet showed $600,000 and $6 million in the same two accounts, respectively. If the company paid out $510,000 in cash dividends during 2015, what was the cash flow to stockholders for the year?
Business
1 answer:
zhuklara [117]3 years ago
3 0

Answer:

what was the cash flow to stockholders for the year?

$70000

Explanation:

Cash flow to stockholders = dividends received - change in common stock account - change in paid-in capital  

= 510,000 - (600,000-560,000) -(6,000,000-5,600,000)  

=70000 This represents the net cash flow to stockholders.

This represents the net cash flow to stockholders.

You might be interested in
7.
skad [1K]
An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
6 0
2 years ago
The capital gains (losses) netting process for taxpayers without 25 or 28 percent capital gains requires them to (1) net short-t
elena55 [62]

Answer:

False

Explanation:

Capital gains and losses netting will have no effect on tax payable. The individual impact on tax will be same as of netting the gains and losses. The net outcome of the tax will be remain un impacted.

8 0
3 years ago
How would you make a good impression on a CEO as an IT manager?
enot [183]
I think B just because it makes most sense
3 0
3 years ago
Read 2 more answers
The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive fi
Georgia [21]

Monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

<h3>What is a monopoly?</h3>
  • A monopoly occurs when there is a single seller in the market.
  • The monopoly case is considered the polar opposite of perfect competition in conventional economic theory.
  • The demand curve facing the monopolist is, by definition, the industry demand curve, which is downward sloping.
<h3>What is oligopoly?</h3>
  • Oligopolistic markets are characterized by a small number of suppliers.
  • They can be found in all nations and in a wide range of industries.
  • Some oligopoly markets are very competitive, whereas others are substantially less so, or appear to be.

Monopolistically competitive enterprises, unlike monopolies and oligopolies, cannot influence market prices only through their size.

Therefore, monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

Know more about monopoly here:

brainly.com/question/13113415

#SPJ4

Correct question:

The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive firms.

(A) cannot influence the market price by virtue of their size alone.

(B) are price takers.

(C) do not have a price as a decision variable.

(D) benefit from barriers to entry.

7 0
1 year ago
Last year Harrington Inc. had sales of $325,000 and a net income of $17,000, and its year-end assets were $230,000. The firm's t
choli [55]

Answer:

13.44%

Explanation:

Debt to total assets = Total Debt / Total Assets

45% = Total debt / $230,000

Total Debt = $230,000 x 45% = $103,500

As we know

Assets = debt + Equity

$230,000 = $103,500 + Equity

Equity = $230,000 - $103,500 = $126,500

Return on Equity is the measure of financial performance which can be calculated by dividing net income for the year by total shareholder's equity.

Return on equity = Net income for the year / Shareholders equity

ROE = $17,000 / $126,500 = 0.1344 = 13.44%

6 0
3 years ago
Other questions:
  • At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit bal
    10·1 answer
  • On May 1, 2015, Pinkley Company sells office furniture for $300,000 cash. The office furniture originally cost $750,000 when pur
    12·1 answer
  • Your company, Beta Corporation, is considering a new project which you must analyze. Based on the following data, what is the pr
    12·1 answer
  • Peyton is a self employed certified financial planner and began his business in 2018. During 2018 he purchased a $ 500.00 comput
    7·1 answer
  • Apakah 5 adat dalam masyarakat yang bertentangan degan ajaran islam ?​
    7·1 answer
  • In which system is private property found?
    5·2 answers
  • Help with question no.19?
    5·1 answer
  • Which of the following is a characteristic of both the sales approach for service-type warranties and the expense approach for a
    6·1 answer
  • Suppose sweden produces only tablets and smartphones. The resources that are used in the production of these two goods are not s
    10·1 answer
  • Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest i
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!