Assignment 03 - Financial Statements, Cash Flow, and Taxes Back to Assignment Attempts: Keep the Highest: /2 5. Stockholders' equity Aa Aa E The right side of the balance sheet shows the firm's liabilities and stockholders' equity. Which of the following best describes shareholders' equity? O Equity is the difference between the paid-in capital and retained earnings. O Equity is the sum of what the initial stockholders paid when they bought company shares and the earnings that the company has retained over the years. NOW Inc. released its annual results and financial statements. Grace is reading the summary in the business pages of today's paper. In its annual report this year, NOW Inc. reported a net income of $184 million. Last year, the company reported a retained earnings balance of $578 million, whereas this year it increased to $680 million. How much was paid out in dividends this year? $415 million $82 million $286 million $4 million ash Payer HAC 32,0,0.314