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Aunt Peggy's Donutshas net income of $470. The firm pays out 37 percent of the net income to its shareholders as dividends. During the year,
Aunt Peggy's DonutsĀ has net income of $470. The firm pays out 37 percent of the net income to its shareholders as dividends. During the year, the company sold $92 worth of common stock and repurchased $25 in long-term debt. What is the cash flow to stockholders?
A) $81.90
B) $265.90
C) $296.10
D) $139.86
E) $173.90
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