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4) For the year, Andrus Event Management had net income of $8,110. The firm paid out 30 percent of the net income to its shareholders
4) For the year, Andrus Event Management had net income of $8,110. The firm paid out 30 percent of the net income to its shareholders as dividends and also paid $210 in interest. During the year, the company repurchased $500 worth of common stock and borrowed $250. What is the cash flow to stockholders? 34) A $1,893 B) $2,893 C) $2,433 D) $2,933 E) $1,933
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