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Lightstream Resources has net income of $288,000. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year,
Lightstream Resources has net income of $288,000. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $67,000 worth of common stock. What is the cash flow to stockholders?
$36,800 | ||
$40,600 | ||
$44,000 | ||
$48,200 | ||
$52,200 |
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