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The December 31 2015 balance sheet of Schism Inc showed $140000 in the common stock account and $2650000 in the additional paid in surplus account The December 31 2016 balance sheet showed

The December 31, 2015, balance sheet of Schism, Inc., showed $140,000 in the common stock account and $2,650,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed $150,000 and $2,950,000 in the same two accounts, respectively. The company paid out $145,000 in cash dividends during 2016. What was the cash flow to stockholders for the year?

 

Apr 09 2020 View more View Less

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