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Six Months Ago,Benders Gym Repurchased $20,000 of Its Common Stock

question 72

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Six months ago,Benders Gym repurchased $20,000 of its common stock.The company pays regular quarterly dividends totaling $8,500 per quarter.What is the amount of the cash flow to stockholders for the past year if no additional shares were issued?

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Definitions:

Nerve Tissue Cells

Cells that make up the nervous tissue, including neurons and glial cells, responsible for transmitting and processing information in the body.

Tissue Types

The four basic types of tissue in the body, including epithelial, connective, muscle, and nervous tissues.

Organs

Structures made of different tissues that perform specific functions within an organism.

Connective Tissue

A type of biological tissue that supports, connects, or separates different types of tissues and organs in the body.

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