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Peggy Grey's Cookies has net income of $430. The firm pays out 35 percent of the net income to its shareholders as dividends. During the
Peggy Grey's Cookies has net income of $430. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year, the company sold $88 worth of common stock. What is the cash flow to stockholders? Multiple Choice $6250 $11970 $15050 S23850 $6250 $11970 $15050 23850 $27950 32 Papa Roach Exterminators, Inc., has sales of $694,000, costs of $265,000, depreciation expense of $42,000, interest expense of $27,000, and a tax rate of 30 percent. If the firm paid out $73,000 in cash dividends. What is the addition to retained earnings? (8 01:38:29 Multiple Choice $179.000 $206,000 $161100 $221000 Multiple Choice $179.000 $206,000 $161,100 $221.000 $248,000 Based only on the following information for Bennington Corp., did cash go up or down? By how much? Decrease in inventory Decrease in accounts payable Increase in notes payable Increase in accounts receivable $600 120 570 240 Multiple Choice Cash decreased by $1.530 Cash increased by $1.050 Cash decreased by $810 Multiple Choice Cash decreased by $1,530 Cash increased by $1,050 Cash decreased by $810 Cash increased by $810 Cash increased by $1.290
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