Question
Polycom Systems earned $553 million last year and paid out 25 percent of earnings in dividends. a .By how much did the company's retained earnings
Polycom Systems earned $553 million last year and paid out 25 percent of earnings in dividends.
a.By how much did the company's retained earnings increase?
b.With 100 million shares outstanding and a stock price of $101, what was the dividend yield? (Hint: First compute dividends per share.)
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
