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What is the cash flow to shareholders

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Peggy Grey's Cookies had net income of $272,800. The firm paid out 28 percent of net income to its shareholders as dividends. During the year, the company issued 10,000 new shares of common stock at a price of $17.50 per share and repurchased $100,000 worth of common stock. What is the cash flow to shareholders?

Reference no: EM132154703

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