Cash flow to stockholders:

Select one:

a. is equal to the cash flow from assets plus the cash flow to creditors.

b. measures the cash flow between a firm and its debtors.

c. should be negative when the number of shares of stock issued remains constant for the period.

d. is positive when the amount of the dividends paid exceeds the amount of net new equity raised.

e. is negative when a firm increases its borrowing to finance a new business venture.