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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

  • $87.00

  • $13.00

  • $203.00

  • $161.00

  • $64.80

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