10)

Polycom Systems earned $556 million last year and paid out 29 percent of earnings in dividends.

a.	By how much did the companys retained earnings increase? (Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).)

Addition to retained earnings

$

b.	With 100 million shares outstanding and a stock price of $110, what was the dividend yield? (Hint: First compute dividends per share.) (Do not round intermediate calculations. Inputyour answer as a percent rounded to 2 decimal places.)

Dividend yield

%