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What were the firm net cash flows to common shareholders

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Reference no: EM132991269

Question - During the year, Baxter Company paid cash dividends of $2,134,000 to its common equity shareholders and spent $140,000 on common stock repurchases. It also raised $1,985,000 from issuing new common equity shares and borrowed $540,000 from a bank.

What were the firm's net cash flows to common shareholders (i.e., "dividends" as defined in the dividends-based valuation model) for the year?

Reference no: EM132991269

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