Silver Spoon Antiques had balances in common stock of $10,450 million and $10,675 million, for 2018 and 2019 respectively, and cash flow to shareholders of $400,000. Dividends paid in 2019 were closest to:   A. $175,000.   B. $625,000.   C. $400,000.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 56CE
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Silver Spoon Antiques had balances in common stock of $10,450 million and $10,675 million, for 2018 and 2019 respectively, and cash flow to shareholders of $400,000. Dividends paid in 2019 were closest to:

  A.

$175,000.

  B.

$625,000.

  C.

$400,000.

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