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Matsumara Fishworks has the following Income statement and balance sheet for 1957. The firm paid out 50% of its Net Income as Dividends What is

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Matsumara Fishworks has the following Income statement and balance sheet for 1957. The firm paid out 50% of its Net Income as Dividends What is the firms Cash Flow to Equity Holders? (Round to nearest penny and do not enter commas, eg. 123456) of estion 1957 Income Statement Revenue 198681 Costs 63573 Depreciation 16884 Ebit 12571 Interest Expense Taxable income Tax Expense 22% Net Income 1957 Balance Sheet 1956 1957 Year 1956 1957 19727 16305 Current Assets 16507 17046 Current Liabilities 130529 165834 155209 Fixed Assets 155331 Long Term Debt 30144 39950 Common Stock

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