EBK CORPORATE FINANCE
11th Edition
ISBN: 8220102798878
Author: Ross
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 2, Problem 9QP
Cash. Flow to Stockholders The 2014
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
The 2017 balance sheet of Kerber’s Tennis Shop, Incorporated, showed $890,000 in the common stock account and $6.65 million in the additional paid-in surplus account. The 2018 balance sheet showed $785,000 and $8.15 million in the same two accounts, respectively. If the company paid out $580,000 in cash dividends during 2018, what was the cash flow to stockholders for the year?
Multiple Choice $-815,000 $205,000 $310,000 $815,000 $8,355,000
Cash flow to stockholders
The 2017 balance sheet of kerbers tennis shop, inc., showed $650,000 in the common stock account and $3.98 million in the additional paid-in surplus account. the 2018 balance sheet showed $805,000 and $4.2 million in the same two accounts, respectively. if the company paid out $545,000 in cash dividends during 2018, what was the cash flow to stockholdlers for the year?
A company issued 20,000 shares of $1 par common stock for $35 per share during 2014. The company
paid dividends of S25,000 and issued long-term notes payable of $275,000 during the year. What amount
of cash flows from financing activities will be reported on the statement of cash flows?
A. $950,000 net cash outflow
B. $450,000 net cash inflow
C. $950,000 net cash inflow
D. $400,000 net cash outflow
Chapter 2 Solutions
EBK CORPORATE FINANCE
Ch. 2 - Prob. 1CQCh. 2 - Prob. 2CQCh. 2 - Prob. 3CQCh. 2 - Prob. 4CQCh. 2 - Prob. 5CQCh. 2 - Cash Flow from Assets Why is it not necessarily...Ch. 2 - Operating Cash flow Why is it not necessarily bad...Ch. 2 - Net Working Capital and Capital Spending Could a...Ch. 2 - Cash Flow to Stockholders and Creditors Could a...Ch. 2 - Prob. 10CQ
Ch. 2 - Building a Balance Sheet Sankey, Inc., has current...Ch. 2 - Building an Income Statement Shellon, Inc., has...Ch. 2 - Market Values and Book Values Klingon Cruisers,...Ch. 2 - Prob. 4QPCh. 2 - Calculating OCF Barrell, Inc., has sales of...Ch. 2 - Calculating Net Capital Spending Gordon Driving...Ch. 2 - Building a Balance Sheet The following table...Ch. 2 - Cash Flow to Creditors The 2014 balance sheet of...Ch. 2 - Cash. Flow to Stockholders The 2014 balance sheet...Ch. 2 - Prob. 10QPCh. 2 - Cash Flows Ritter Corporations accountants...Ch. 2 - Financial Cash flows The Stancil Corporation...Ch. 2 - Building an Income Statement During the year, the...Ch. 2 - Calculating total Cash Flows Schwert Corp. shows...Ch. 2 - Using Income Statements Given the .following...Ch. 2 - Prob. 16QPCh. 2 - Marginal versus Average Tax Rates (Refer to Table...Ch. 2 - Prob. 18QPCh. 2 - Accounting Values versus Cash Flows In Problem 18,...Ch. 2 - Calculating Cash Flows Cusic Industries had the...Ch. 2 - Prob. 21QPCh. 2 - Use the following information for Ingersoll, Inc.,...Ch. 2 - Prob. 23QPCh. 2 - Prob. 24QPCh. 2 - Net Fixed Assets and Depreciation On the balance...Ch. 2 - Prob. 26QPCh. 2 - Prob. 1MCCh. 2 - Prob. 2MCCh. 2 - Prob. 3MC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- The 2017 statement of financial position of Roger's Tennis Shop Inc. showed $630,000 in the common stock account and $4.9 million in the additional retained earnings account. The 2018 statement of financial position showed $670,000 and $5.4 million in the same two accounts, respectively. If the company paid out $620,000 in cash dividends during 2018, what was the cash flow to shareholders for the year? (Omit $ sign in your response.) Cash flow to shareholders $ 13arrow_forwardThe 2008 balance sheet of Maria's Tennis Shop, Inc., showed $870,000 in the common stock account and $6 million in the additional paid-in surplus account. The 2009 balance sheet showed $905,000 and $7.8 million in the same two accounts, respectively. The company paid out $620,000 in cash dividends during 2009. What was the cash flow to stockholders for the year?arrow_forwardCash Flow to Stockholders The 2018 balance sheet of Spieth’s Golf Shop, Inc., showed $490,000 in the common stock account and $3.4 million in the additional paid-in surplus account. The 2019 balance sheet showed $525,000 and $3.75 million in the same two accounts, respectively. If the company paid out $335,000 in cash dividends during 2019, what was the cash flow to stockholders for the year?arrow_forward
- The December 31, 2021, balance sheet of Chen, Incorporated, showed $146,000 in the common stock account and $2,710,000 in the additional paid-in surplus account. The December 31, 2022, balance sheet showed $156,000 and $3,010,000 in the same two accounts, respectively. The company paid out $151,000 in cash dividends during 2022. What was the cash flow to stockholders for the year? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Cash flow to stockholdersarrow_forwardHerbert Company reported the following information for 2013: Repaid long-term debt $75,000 Paid interest on note payable 1,570 Issued common stock 30,000 Paid dividends 18,000 Based on this information, what is the cash flow from financing activities?arrow_forwardThe December 31, 2018, balance sheet of Whelan Inc., showed $139,000 in the common stock account and $2,640,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $149,000 and $2,940,000 in the same two accounts, respectively. The company paid out $144,000 in cash dividends durig 2019. What was the cash flow to stockholders for the year?arrow_forward
- The Dec 31, 2018 balance sheet of Whelan inc., showed $138,000 in the common stock account and $2,630,000 in the additional paid in surplus account. The Dec 31 2019 balance sheet showed $148000 and $2930,000 in the same two accounts respectively. The company paid $143.000 in cash divideneds during 2019. What was the cash flow to shockholders for the year?arrow_forwardConsider the following balance sheet for Go The Distance Trading Cards. Sales were $1,200,000 in the past year. Go The Distance Trading Cards Balance Sheet, 2013: Assets $ Current Assets $74,630.00 Net fixed Assets (Net PPE) $224,900.00 Total Assets $299,530.00 Liabilities and Shareholder Equity Current Liabilities $43,510.00 Long-term liabilities (Long term debt) $93,200.00 Total Liabilities $136,710.00 Shareholder equity $162,820.00 Total Liabilities and Shareholder Equity $299,530.00 What is the debt-to-asset ratio for this firm?arrow_forwardHeedy Company had the following account balances in 2016 and 2017, respectively. Assuming dividends of $20,000 were paid in 2017, how much was net income? 2017 2016Capital Stock $ 42,000 $ 40,000Retained Earnings x 210,000Total Stockholders' Equity $ 314,000 $ 250,000arrow_forward
- APS Company issued 20,000 shares of $1 par common stock for $40 per share during 2017. The company paid cash dividends of $48,000, sold an old machine for $3000 and issued long-term notes payable of $440,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? $1.195,000 net cash inflow. $352,000 net cash inflow. $705,000 net cash outflow. $1,192,000 net cash inflow.arrow_forwardthe 2019 balance sheet of Dyrdeks skate shop showed $570,000 in the common stock account and $2.4 million in the additional paid in surplus account. the 2020 balance sheet showed $610,000 and $2.8 million in the same two accounts, respectively. if the company paid out $515,000 in cash dividends during 2020, what was cash flow to stockholders for the year?arrow_forwardRequirement: Use the 2015 data for Prince Company. Assume a stock price of $28 per share. Compute the ratios. Prince Company paid $7,000 out in dividends for the year. Show how you can figure out that the company paid $7,000 out in dividends for the year. 2015 2014 Income Statement Sales revenue 190,000 167,000 Cost of goods sold 112,000 100,000 Gross profit 78,000 67,000 Operating expenses and interest expenses 56,000 53,000 Pretax income 22,000 14,000 Income tax 8,000 4,000 Net income 14,000 10,000 Balance Sheet Cash 4,000 7,000 Accounts receivable (net) 14,000 18,000 Inventory 40,000 34,000 Operational assets (net) 45,000 38,000 Total assets 103,000 97,000 Current liabilities (no interest) 16,000 17,000 Long-term liabilities (10% interest) 45,000 45,000 Common stock (par $5) 30,000…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Financial Accounting: The Impact on Decision Make...AccountingISBN:9781305654174Author:Gary A. Porter, Curtis L. NortonPublisher:Cengage Learning
Financial Accounting: The Impact on Decision Make...
Accounting
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Cengage Learning
The KEY to Understanding Financial Statements; Author: Accounting Stuff;https://www.youtube.com/watch?v=_F6a0ddbjtI;License: Standard Youtube License