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Coca-Cola Company issues a dividend of $3 per share to its shareholders. If Coca-Cola has 5,000,000 shares outstanding, calculate the total amount of dividends paid.

·Coca-Cola Company issues a dividend of $3 per share to its shareholders. If Coca-Cola has 5,000,000 shares outstanding, calculate the total amount of dividends paid. Determine the impact of dividends on the company's retained earnings.

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