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Please show full working in how you obtain answer. 5. The following numbers appeared in the annual report of ABC, Inc. for the fiscal year
Please show full working in how you obtain answer.
5. The following numbers appeared in the annual report of ABC, Inc. for the fiscal year ending May 2016 (in millions of dollars) Fiscal 2016 Fiscal 2015 18,875 6,617 12,781 Total assets 18,691 6,893 12,352 Total stockholders' equity Total revenues Common share issues Common dividends Common stock repurchases 705 621 693 753 796 1,548 preferred stock. For fiscal 2016, what is the amount of net payout to common? The firm has no A. $844 B. $940 C. $1,120 D. $1,150Step by Step Solution
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