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For the year, Peggy Grey's Cookies had net income of $8,110. The firm paid out 30 percent of the net income to its shareholders as
For the year, Peggy Grey's Cookies 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?
A) $2,933
B) $1,893
C) $1,933
D) $2,433
E) $2,893
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