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Balance Sheet 2 0 0 7 2 0 0 8 2 0 0 7 2 0 0 8 Cash $ 1 , 7 0 0

Balance Sheet
2007200820072008
Cash $ 1,700 $ 1,600 Accounts payable $13,800 $ 12,900
Accounts receivable 14,30017,400 Long-term debt 47,50048,600
Inventory 22,50023,700 Common stock 17,00022,000
Net fixed assets 82,90081,600 Retained earnings 43,10040,800
Total assets $121,400 $124,300 Total liabilities and equity $121,400 $124,300
Income Statement
Net Sales $163,700
Costs 108,200
Depreciation 14,100
EBIT 41,400
Interest 3,800
Taxable income 37,600
Taxes 13,200
Net Income $ 24,400
What is the cash flow to stockholders for 2008?
Question 2 options:
i)
$5,000
ii)
$29,400
iii)
$21,700
iv)
$19,400

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