Question

Hurricane Industries had a net income of $128,500 and paid 35 percent of this amount to...

Hurricane Industries had a net income of $128,500 and paid 35 percent of this amount to shareholders in dividends. During the year, the company sold $79,500 in new common stock. What was the company's cash flow to stockholders?

$49,000

$44,975

$34,525

?$34,525

?$44,975

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Hurricane Industries had a net income of $128,500 and paid 35 percent of this amount to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT