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Question 12 Not yet answered Marked out of 1.00 Flag question Gadget Tech Corporation shows the following information on its 2019 income statement: Sales $250,000
Question 12 Not yet answered Marked out of 1.00 Flag question Gadget Tech Corporation shows the following information on its 2019 income statement: Sales $250,000 Costs of goods sold $105,600 Marketing expenses $10,000 Administration cost $20,000 Depreciation $10,900 Interest paid $15,000 Corporation tax 32% Dividend $35,000 In addition, during 2019, the firm issued $100,000 in new equity during and paid $36,000 in outstanding long-term debt. Based on the above information, compute the cash flow to the shareholders. Select one: C a. - $56,000 b. - $65,000 c. $135,000 d. $153,000
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