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QUESTION 3 At the beginning of the year Big Lots reported retained earnings of $2,024 million and accumulated other comprehensive income (AOCI) of $102 million.
QUESTION 3 At the beginning of the year Big Lots reported retained earnings of $2,024 million and accumulated other comprehensive income (AOCI) of $102 million. At the end of the year it reported retained earnings of $2,208 million and AOCI of $42 million. The company also reported net income for the year of $404 million. How much (in $ millions) did the company pay out in cash dividends during the year? Note that even though your answer will represent a cash outflow for the payment of dividends, you should present your result as a positive value. QUESTION 4 Through your analysis of the company's financial statements you have determined that during 2017 DRJ Enterprises issued new short-term debt of $335 million and repaid $903 million of long-term debt. It also issued new common stock of $712 million and paid cash dividends of $196 million. What was the company's total cash flow from financing activities (in $ millions)? if a net cash outflow, be certain to place a negative sign in front of your
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