Peggy greys cookies has net income of 270 the firm pays out, Financial Management

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Peggy greys cookies has net income of 270 the firm pays out

Peggy Grey's Cookies has net income of $270. The firm pays out 37 percent of the net income to its shareholders as dividends. During the year, the company sold $72 worth of common stock. What is the cash flow to stockholders?

A.$27.90

B.$171.90

C.$73.26

D.$99.90

E.$170.10

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