During the year,Lasko's repaid $12,500 in long-term debt,borrowed $8,400,paid $611 in interest and $740 in dividends,and had an operating cash flow of $16,207.The firm acquired $33,500 in new fixed assets and sold $8,400 of old assets.Net working capital declined by $1,592 during the year.What is the annual cash flow to stockholders?
A) $1,200
B) −$2,590
C) −$8,828
D) −$12,012
E) $2,800
Correct Answer:
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