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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.

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Verdich [7]

Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.

<h3>What are capital projects?</h3>
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<h3>Characteristics of capital projects:</h3>
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  2. A construction project is usually included.
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Correct question:

Characteristics of capital projects include:

Group of answer choices -

(A) Involves long-lived assets.

(B) Usually requires long-range planning and extensive financing.

(C) Usually has a year-to-year focus.

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Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
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2 years ago
Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G
olchik [2.2K]

Answer:

The appropriate answer is "$9,300".

Explanation:

The given values are:

FMV,

= $31,000

Adjusted basis,

= $15,500

Encumbered mortgage,

= $9,300

Now,

The Gerald's outside basis will be:

= Adjusted \ basis-Encumbered \ mortgage+Share \ of \ mortgage

On substituting the given values, we get

= 15,500 - 9,300+(\frac{9,300}{3})

= 15,500 - 9,300 + 3,100

= 18,600-9,300

= 9,300 ($)

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3 years ago
If the fed expands the money supply by $1 trillion, what will happen in the money market?
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3 years ago
Compute and select the correct common-size percent for each account title.Total Assets is $700,000 Accounts Payable is $75,000 B
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Answer and Explanation:

The computation for each corrected common-size percent for each account is shown below:

Particulars             Amount                  Percentage

Total assets           $700,000                    100%

Accounts payable $75,000                      10.71%

                                                       ($75,000 ÷ $700,000)

Bonds payable      $225,000             32.14%

                                                       ($225,000 ÷ $700,000)

Common stock      $300,000            42.86%

                                                         ($300,000 ÷ $700,000)

Retained earnings $100,000             14.29%

                                                  ($100,000 ÷  $700,000)

Therefore each one of assetm liabilities and stockholder equity is presented as a percentage of total assets and the same is to be considered

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