In its most recent financial statements, Newhouse Inc. reported $50 million of net income and $810 million

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In its most recent financial statements, Newhouse Inc. reported $50 million of net income and $810 million of retained earnings. The previous retained earnings were $780 million. How much in dividends was paid to shareholders during the year?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 23, 2011 11:04 AM

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In its most recent financial statements, Newhouse Inc. reported $50 million of net income and $810 million

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NI 50000000 REYE 810000000 REB...View the full answer

Corporate Finance A Focused Approach

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