The 2019 statement of financial position of Roger's Tennis Shop Inc. showed $480,000 in the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
The 2019 statement of financial position of Roger's Tennis Shop Inc. showed $480,000 in the common stock account and $5.4 million n the additional retained earnings account. The 2020 statement of financial position showed $520,000 and $5.7 million in the same wo accounts, respectively. f the company paid out $430,000 in cash dividends during 2020 , what was the cash flow to shareholders for the year? (Enter the inswer in dollars, not millions of dollars, i.e. 1,234,567. Omit \$ sign in your response.) Eash flow to shareholders $
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.