What is the amount of the cash flow to stockholder

Reference no: EM13295645

Six months ago, Tuchman Industries repurchased $50,000 of its common stock. The company pays regular semiannual dividends totaling $13,000 per period. What is the amount of the cash flow to stockholders for the past year if no additional shares were issued?

a. $37,000
b. $50,000
c. $63,000
d. $76,000
e. $102,000

Reference no: EM13295645

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