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Cash flow to stockholders must be positive when: both the cash flow to assets and the cash flow to creditors are positive. the net sale of common stock exceeds the amount of dividends paid. no income is
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Cash flow to stockholders must be positive when: both the cash flow to assets and the cash flow to creditors are positive. the net sale of common stock exceeds the amount of dividends paid. no income is distributed but new shares of stock are sold. the dividends paid exceed the net new equity raised. both the cash flow to assets and the cash flow to creditors are negative.

User Martin Latrille
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Answer:

The dividends paid exceeded the net new equity raised.

Step-by-step explanation:

User Costas Bakoulias
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