The state news had net income of 357 of which 40 was, Ask an Expert

Finance

The State News had net income of $357 of which 40% was distributed to shareholders as dividends. During the year, the company issued new common stock, amounting in $93. What is the cash flow to stockholders?

A. $134.2

B. $121.7

C. $49.8

D. $70.2

E. $60.1

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91546444

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