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hello, I'm trying to find the cash flow to stockholders for the following question: PPG Cookie Company has net income of $360.00.The firm pays out
hello,
I'm trying to find the cash flow to stockholders for the following question:
PPG Cookie Company has net income of $360.00.The firm pays out 40% of the net income to its shareholders as dividends.During the year, the company sold $80 worth of common stock.
I thought the answer was (360*.40)= 144- (80-0)=64 but I'm not sure
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