Multiple Choice
Suppose a firm's net income is $950, dividends paid total $300, and new equity sales over the same period amount to $311. If the initial value of equity was $7,100, what is the cash flow to
Shareholders?
A) -$650
B) -$11
C) $50
D) $650
E) $8,100
Correct Answer:
Verified
Correct Answer:
Verified
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