A company has a net income of 7,089, and it pays out 26 percent of its...
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A company has a net income of 7,089, and it pays out 26 percent of its net income as dividends. If the company has 231 in new sales of stock, what is the company's cash flow to shareholders? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer. A company has a net income of 7,089, and it pays out 26 percent of its net income as dividends. If the company has 231 in new sales of stock, what is the company's cash flow to shareholders? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer.
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Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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