Peggy greys cookies has net income of 390 the firm pays out, Ask an Expert

Finance

Peggy Grey's Cookies has net income of $390. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $84 worth of common stock. What is the cash flow to stockholders?

a) $240.00

b) $122.40

c) $72.00

d) $234.00

e) $156.00

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92414746

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