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At the beginning of the year, Vendors, Inc., had owners' equity of $49,265. During the year, net income was $5,625 and the company paid dividends of $3,965. The company also repurchased $7,915 in equity. What was the cash flow to stockholders for the year?

Respuesta :

Answer:

the Cash flow to Stockholders is $11,880

Explanation:

The computation of the cash flow to the stockholder for the year is given below:

Cash flow to Stockholders is

= Dividends Paid - (Ending Common Stock - Beginning Common Stock)

= $3,965 - (($49,265 - $7,915) - $49,265)

= $3,965 - ($41,350 - $49,265)

= $3,965 + $7,915

= $11,880

Hence, the Cash flow to Stockholders is $11,880

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