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Peggy Grey's Cookies Has Net Income of €360

Question 70

Multiple Choice

Peggy Grey's Cookies has net income of €360.The firm pays out 40% of the net income to its shareholders as dividends.During the year,the company sold €80 worth of ordinary equity.What is the cash flow to shareholders?


A) €64
B) €136
C) €144
D) €224
E) €296

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