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Question 22 Scrugg and Kofi Inc. has net income of $487,920. the firm pays out 60 percent of the net income to its shareholders as dividends. During the year, the company sold $196,743 worth of common stock. What is the cash flow to the stockholders? $489,495 $1,575 $96,009 $1,575 O $391,911 Question 26 A firm has a total debt ratio of 0.34. This means the firm has $0.34 in debt for every $0.66 in equity $1 in equity $1.34 in total assets $1.66 in total assets