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Recent financial statements show that a firm had $100,000 in net income this year which...

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Finance

Recent financial statements show that a firm had $100,000 in net income this year which resulted in $40,000 being added to retained earnings this year. The current equity balance shows $300,000 while last year's equity balance showed $200,000. Total assets for the firm this year was $800,000 this year and $600,000 last year. What was their CF to shareholders? (2)

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