Question
On 12/31/2019, FB Inc. reported retained earnings of $75 million on its balance sheet, and net income of $22 million on its income statement. On
On 12/31/2019, FB Inc. reported retained earnings of $75 million on its balance sheet, and net income of $22 million on its income statement. On its previous balance sheet, at 12/31/2018, the company had reported $55 million of retained earnings. No shares were repurchased during 2017. How much dividends did FB pay during 2019?"
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
10th Global Edition
0273765736, 978-0273765738
