Question
In its most recent financial statements, ABC reported $66,978 million of net income and $564,440 million of retained earnings. The previous retained earnings were 761,168
In its most recent financial statements, ABC reported $66,978 million of net income and $564,440 million of retained earnings. The previous retained earnings were 761,168 million. How much in dividends was paid to shareholders during the year?
| a. | 200,000 | |
| b. | 63,006.31 | |
| c. | 263,706.00 | |
| d. | 209,706.94 |
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
