Question
In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $930 million of retained earnings. The previous retained earnings
In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $930 million of retained earnings. The previous retained earnings were $915 million. How much in dividends did the firm pay to shareholders during the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar. 40
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
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