3-1\ STATEMENT OF STOCKHOLDERS' EQUITY 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. Newhouse has 10 million shares outstanding.\ How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid.\ How much are Newhouse's earnings per share (EPS)?\ How much are Newhouse's dividends per share (DPS)?

STATEMENT OF STOCKHOLDERS' EQUITY 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. Newhouse has 10 million shares outstanding. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid. How much are Newhouse's earnings per share (EPS)? How much are Newhouse's dividends per share (DPS)