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Steinhardt Wig Company has the following Income statement and balance sheet for 2005. The firm paid out 65% of it's Net Income as Dividends. What

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Steinhardt Wig Company has the following Income statement and balance sheet for 2005. The firm paid out 65% of it's Net Income as Dividends. What is the firms Cash Flow to Equity Holders? (Round to nearest penny and do not enter commas, e.g. 1234.56) 2005 Income Statement Revenue 229284 Costs 14597 Depreciation 19203 Ebit 13398 Interest Expense Taxable Income Tax Expense @ 22% Net Income 13398 Interest Expense Taxable Income Tax Expense 22% Net Income 2005 Balance Sheet Year 2004 2005 2004 2005 Current 17102 Assets 17497 15666 Current Liabilities 14936 155099 166572 149948 136983 Fixed Assets Long- Term Debt Common Stock 39332 37462

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