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On January 1, Canary Co. had total shareholders' equity as shown below when their shares were selling at $25 per share.
-If the company declared a 15% stock dividend, the number of issued and outstanding shares would:
Accounts Receivable
Sums due to a company from its clients for products or services that have been supplied or utilized but remain unpaid.
Net Income
The residual income of a company after total revenue has been diminished by all costs and taxes.
Cash Flows
The net amount of cash being transferred into and out of a business, especially considered important for assessing liquidity, flexibility, and overall financial health.
Indirect Method
An approach to preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.
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