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Whistler's sales for this past year were $21,381. The interest expense was $248, costs of goods sold were $9,784, selling and general expenses were $1,208,
Whistler's sales for this past year were $21,381. The interest expense was $248, costs of goods sold were $9,784, selling and general expenses were $1,208, depreciation was $811, and the addition to retained earnings was $325. The firm sold $500 of new stock shares and repurchased $125 of outstanding shares.
What was the cash flow to stockholders if the tax rate was 34 percent?
Question 21 options:
| $208.28 |
| $725.50 |
| $202.72 |
| $235.55 |
| $670.25 |
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