For the year, Peggy Grey's Cookies had net income of $81,100. The firm paid out...
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Accounting
For the year, Peggy Grey's Cookies had net income of $81,100. The firm paid out 30 percent of the net income to its shareholders as dividends and also paid $210 in interest. At the beginning of the year shareholders equity was $1,000,000 and at the end of the year it was 1,051,770. What is the cash flow to stockholders?
$29,330
$5,000
$19,330
$24,330
$28,930
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