Last year Pepe's Taco Shop showed $960,000 in the common stock account on the Balance...
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Finance
Last year Pepe's Taco Shop showed $960,000 in the common stock account on the Balance Sheet along with $6 million in the additional paid-in surplus account. This year the Balance Sheet shows $795,000 and $8.6 million in the same two accounts, respectively. The current Income Statement also reports the company paid out $600,000 in cash dividends and $500,000 in interest. What was the cash flow to stockholders for the year? Multiple Choice $195,000 $360,000 $1,835,000 $8,795,000 $-1,835,000
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