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Matsumara Fishworks has the following Income statement and balance sheet for 1957. The firm paid out 50% of it's 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 it's Net Income as Dividends. What is the firms Cash Flow to Equity Holders? (Round to nearest penny and do not enter commas, e.g. 1234.56) 1957 Income Statement Revenue 225257 Costs 48992 Depreciation 17700 Ebit 11226 Interest Expense Taxable Income Tax Expense 22% Net Income 1957 Balance Sheet Year 1956 1957 1956 1957 Current 172531 115935rrent 13753 13241 Expense Taxable Income Tax Expense 22% Net Income 1957 Balance Sheet Year 1956 1957 1956 1957 15933 13753 13241 Current 17253 Assets Current Liabilities 146818 135836 159207 Fixed Assets 174227 Long- Term Debt Common Stock 33271 34589

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