17. A firm issued 1,000 shares of new stock for its par value of $1 plus $9 of additional paid in capital per share. It also repurchased $40,000 worth of its outstanding common stock. How did these two transactions combined affect the cash flow to stockholders? ,a. decreased cash flow to stockholders by $30,000,b. decreased cash flow to stockholders by $50,000,c. increased cash flow to stockholders by $50,000,d. increased cash flow to stockholders by $30,000,,,18. The 2008 balance sheet of Maria’s Tennis Shop, Inc., showed $910,000 in the common stock account and $6 million in the additional paid-in surplus account. The 2009 balance sheet showed $925,000 and $7.85 million in the same two accounts, respectively. If the company paid out $520,000 in cash dividends during 2009, What was the cash flow to stockholders for the year?,a. $390,000,b. $8,255,000,c. $1,345,000,d. $405,000,e. $-1,345,000,,,19. The Daily News had net income of $365 of which 44 percent was distributed to the shareholders as dividends. During the year, the company issued $83 worth of common stock. What is the cash flow to stockholders? ,a. $244,b. $161,c. $321,d. $124,e. $78,
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