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soldi70 [24.7K]
3 years ago
14

At the beginning of the year, Vendors, Inc., had owners' equity of $49,850. During the year, net income was $6,150 and the compa

ny paid dividends of $4,250. The company also repurchased $8,350 in equity. What was the cash flow to stockholders for the year
Business
1 answer:
LekaFEV [45]3 years ago
5 0

Answer: $12,600

Explanation:

Based on the information that have been given in the question, the cash flow to stockholders for the year would be calculated as:

= Dividends Paid - (Ending Common Stock - Beginning Common Stock)

= $4250 - {[$49850 - $8350] - $49850}

= $4250 - [$41500 - $49850]

= $4250 - (-$8350)

= $4250 + $8350

= $12,600

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Answer:

If the company used the percentage of sale method and estimates bad debts to be 2% of sales what is the amount of bad debt expense:

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A quality improvement project was initiated in an industry that has seasonal demand for their product, coolers/ice chests, which
gulaghasi [49]

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