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At the beginning of the year, Vendors, Inc., had owners' equity of $50,435. During the year,...

At the beginning of the year, Vendors, Inc., had owners' equity of $50,435. During the year, net income was $6,675 and the company paid dividends of $4,535. The company also repurchased $8,785 in equity. What was the cash flow to stockholders for the year?

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Compute the cash flow to the stockholders as follows: Cash flow to the stockholders = Dividend paid + Share repurchased – New

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