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Scrugg and Kofi Inc. has net income of $781,470. the firm pays out 40 percent of the net income to its shareholders as dividends. During
Scrugg and Kofi Inc. has net income of $781,470. the firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $120,361 worth of common stock. What is the cash flow to the stockholders? Group of answer choices
$432,949
$120,361
$348,521
$192,227
$589,243
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