1. ABC company had net income of $106327 of which 40 percent was distributed to the shareholders as dividends. During the year, the company sold $25,000 worth of common stock. What is the cash flow to stockholders?

2- The Latest net income of XYZ Corp. was 106327and it had 50,000 shares outstanding. The company wants to pay out 45% of its income as dividends. What dividend per share has been declared?