can you show work? Q9.The Atlanta Newsfeed Corporation had net income of $132,700 of which 40...

Question

Question

can you show work?

Q9.The Atlanta Newsfeed Corporation had net income of $132,700 of which 40 percent

was distributed to shareholders as dividends. During the year, the company sold

$79,000 worth of common stock. What is the cash flow to stockholders?

business accounting

Answer 1

Answer #1

Cash flow to stockholders = Issue of common stock + dividend paid

= $79000 + 132700*40%

= $132080

Answer 2

Similar Homework Help Questions

Q7.Jett Gas LLC has total sales of $1,479,600 and costs of $914,300. Depreciation is $41,650 and...

Q7.Jett Gas LLC has total sales of $1,479,600 and costs of $914,300. Depreciation is $41,650 and the tax rate is 34 percent. The firm does not have any interest expense. What is the operating cash flow? Q8. Smith Auto Dealership had beginning net fixed assets of $216,525 and ending net fixed assets of $208,650. During the year, assets with a combined book value of $7,844 were sold. Depreciation for the year was $41,320. What is the net cash flow from...
The Daily News had net income of $374 of which 41 percent was distributed to the...

The Daily News had net income of $374 of which 41 percent was distributed to the shareholders as dividends. During the year, the company sold 81 worth of common stock. What is the cash flow to stockholders?
The Daily News had net income of $377 of which 42 percent was distributed to the...

The Daily News had net income of $377 of which 42 percent was distributed to the shareholders as dividends. During the year, the company sold 78 worth of common stock. What is the cash flow to stockholders?

Eaton Company has net income of $220,000. The firm pays out 40 percent of the net...

Eaton Company has net income of $220,000. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $57,000 worth of common stock. What is the cash flow to stockholders? $28,800 $29,400 $30,060 $31,000 $32,000
Hurricane Industries had a net income of $140,000 and paid 30 percent of this amount to...

Hurricane Industries had a net income of $140,000 and paid 30 percent of this amount to shareholders in dividends. During the year, the company sold $87,000 in new common stock. What was the company's cash flow to stockholders?
Hurricane Industries had a net income of $128,500 and paid 35 percent of this amount to...

Hurricane Industries had a net income of $128,500 and paid 35 percent of this amount to shareholders in dividends. During the year, the company sold $79,500 in new common stock. What was the company's cash flow to stockholders? $49,000 $44,975 $34,525 ?$34,525 ?$44,975

Hurricane Industries had a net income of $135,400 and paid 45 percent of this amount to...

Hurricane Industries had a net income of $135,400 and paid 45 percent of this amount to shareholders in dividends. During the year, the company sold $84,000 in new common stock. What was the company's cash flow to stockholders? Multiple Choice −$23,070 $60,930 $23,070 $51,400 −$60,930
Merrimack Plastics has net income of $258,000. The firm pays out 35 percent of the net...

Merrimack Plastics has net income of $258,000. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year, the company sold $63,000 worth of common stock. What is the cash flow to stockholders? $25,200 $26,400 $27,300 $28,400 $29,100
Muffy's Muffins had net income of $2,605. The firm retains 60 percent of net income. During...

Muffy's Muffins had net income of $2,605. The firm retains 60 percent of net income. During the year, the company sold $535 in common stock. What was the cash flow to shareholders?

MC algo 2-48 Cash Flow To Stockholders Mully's Muffins had net income of $2,535. The firm...

MC algo 2-48 Cash Flow To Stockholders Mully's Muffins had net income of $2,535. The firm retains 70 percent of net income. During the year, the company sold $475 in common stock. What was the cash flow to shareholders? Multiple Choice Ο $1.300 Ο $286 Ο Ο 52250 Ο Ο 51,236 Ο 571