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Peggy Grey's Cookies has net income of $290. The firm pays out 30 percent of the net income to its shareholders as dividends. During the
Peggy Grey's Cookies has net income of $290. The firm pays out 30 percent of the net income to its shareholders as dividends. During the year, the company sold $74 worth of common stock. What is the cash flow to stockholders?
Multiple Choice
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$87.00
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$13.00
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$203.00
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$161.00
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$64.80
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