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Problem:

Emacs, Co. paid $73 in dividends and $89 in interest last year. During the past year, the company paid off $272 of its long term debt, borrowed an additional $103, and issued $124 of new equity.

Required:

Question: What is the cash flow to shareholders for the year?

Note: Please show guided help with steps and answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91166671

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