1000 points Inc sheet showed 155000 and 3000000 in the same

10.00 points Inc. sheet showed $155,000 and $3,000,000 in the same two accounts, respectively The company paid out $150,000 in cash dividends during 2016 Cash flow to stockholders 02-04 rmis Cash ow from its fianc

Solution

Cash Flow to Common Stockholders = Dividends Paid -(Ending Common Stock - Beginning Common Stock) - (Ending Capital Surplus - Beginning Capital Surplus) Beginning Common Stock $ 145000 Additional Paid in Capital Surplus $ 2700000 Ending Common Stock $ 155000 Additional Paid in Capital Surplus $ 3000000 Dividend Paid $ 150000 Cash Flow to Common Stockholders = $ 150000 - (155000-145000) - (3000000-2700000) = $ -160000 or ($ 160000)