Question
on 12/31/15, hite industries reported retained earnings of $472,500 on it balance sheet and reported $135,000 of net income for year. 12/31/14 reported earnings were
on 12/31/15, hite industries reported retained earnings of $472,500 on it balance sheet and reported $135,000 of net income for year. 12/31/14 reported earnings were 445,000, and no shares were repurchased during 2015. How much n dividends did the firm pay during 2015?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
