Cash flow to stockholders for the year

Assignment Help Corporate Finance
Reference no: EM1344152

The December 31, 2009, balance sheet of Schism, Inc., showed $142,000 in the common stock account and $2.67 million in the additional paid-in surplus account. The December 31, 2010, balance sheet showed $152,000 and $2.97 million in the same two accounts, respectively. The company paid out $147,000 in cash dividends during 2010.

Required:
What was the cash flow to stockholders for the year? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567))

Reference no: EM1344152

Questions Cloud

Shares of common stock to the public : Evaluate how much cash will Aaron's Sailboats receive from its first public offering - shares of common stock to the public.
Compare also contrast mcdonald strategies in china : Compare also contrast McDonald's strategies in China with those of Wal-Mart in Mexico.
What is the expected rate of return on this investment : Evaluate what is the expected rate of return on this investment - for an investment that promises to pay
Explain why the funding was overlooked : The Make a Way Foundation has run into a financial crisis. Halfway into their fiscal year, the financier has realized that the company has not put enough money aside to cover all of their costs for the children's summer expense project.
Cash flow to stockholders for the year : Find what was the cash flow to stockholders for the year - balance sheet of Schism
Calculate the stock value : Last year Productions pays no dividend at the present time. The company plans to start paying an annual dividend in the amount of $0.40 a share for two years commencing four years from today.
Illustrate what do you think will characterize the goods : illustrate what do you think will characterize the goods which the EU exports to the United States also the goods which the United States exports to the EU.
Determine required rate of return : The current dividend yield on Clayton's Metals common stock is 3.2%. The company just paid a $1.48 yearly dividend and announced plans to pay $1.54 next year.
Resilience systems without disturbing normal businesd : With an increasingly global economy when business is open 24 / 7, how do we test the resilience of our computer systems without disturbing normal business operations?

Reviews

Write a Review

Corporate Finance Questions & Answers

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Stocks and bonds and risk analysis

Stocks and bonds and risk analysis multiple choice questions - the market allocates capital to companies based on

  Evaluate the optimal level of investment for a household

Evaluate total savings in each period.  Is the Investment/Saving market at equilibrium in each period?

  International finance multiple choice questions

International Finance multiple choice questions - How many US dollars will it take to purchase a Canadian item valued at 543 Canadian? 10. "Tariff" is a trade restriction. List one other trade restriction.

  Find the yield to maturity at a current market price

Computation of YTM and present value of bonds - Find the yield to maturity at a current market price of (1) $829 or (2) $1,104?

  Which kind of security would lil john need to sell

Which kind of security would Lil John need to sell to accomplish this, and how much would it have to sell

  Find the question based on common stock

Theory question based on common stock, dividend yield and capital gain and Would the distribuition between the dividened yield and the capital gain yield be influenced by the firm's decision to pay more dividiends rather than to retain and reinvest..

  What is the corresponding effective annual interest rate

Joshua bought a car for $5,000 and sold it two months later for $5,200. The corresponding effective annual interest rate

  Compute annual dividend growth rate

Compute annual dividend growth rate over the 6 years using the same value the stock - Why might the stock price calculated in (b) no represent an accurate valuation to an investor with an 18 percent required rate of return?

  Purpose the journal entry to record the issuance of the bond

Bond issue and Bond retirement Journal entries, Bond amortization Schedule using effective interest method - Purpose the journal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1, 2005.

  Theory question based on investment in stock

Theory question based on investment in stock - What if she repeats the experiment 10 times?

  Prepare journal entries for the items

Prepare a bank reconciliation - Prepare journal entries for the items that should be journalized on Randy's books.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd