Peggy Grey's Cookies Has Net Income of $360

question 28

Multiple Choice

Peggy Grey's Cookies has net income of $360. The firm pays out 40% of the net income to its shareholders as dividends. During the year, the company sold $80 worth of common stock. What is the cash flow to stockholders?

• A) $64.
• B) $136.
• C) $144.
• D) $224. Cash flow to stockholders = .40($360) - $80 = $64

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Definitions:

Functionalist Theorists

Scholars who analyze society through the lens of function, arguing that each aspect of society is interdependent and contributes to society's functioning as a whole.

Social Change

The alteration in the social order of a society, encompassing changes in nature, social institutions, social behaviors, or social relations.

Stability

The state or quality of being stable; resistance to change, deterioration, or displacement.

Equilibrium

A state of balance or stability within a system, achieved when various forces or influences are equal and oppositional forces are neutralized.