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Peggy Grey's Cookies has net income of $ 4 0 0 . The firm pays out 3 0 percent of the net income to its

Peggy Grey's Cookies has net income of $400. The firm pays out 30 percent of the net income to its shareholders as dividends. During the year, the company sold $85 worth of common stock. What is the cash flow to shareholders?
Multiple Choice
$120.00
$94.50
$205.00
$280.00
$35.00

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