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Required information [The following information applies to the questions displayed below] The stockhoiders' equily section of lronworks is presented here. Based on the stockholders' equity

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Required information [The following information applies to the questions displayed below] The stockhoiders' equily section of lronworks is presented here. Based on the stockholders' equity section of Ironworks, answer the following questions. Remember that all amounts are presented in thousands. 4. If retained earnings at the beginning of the period was $235 million and $15 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in millions (i.e., 5,000,000 should be entered as 5).) Required information [The following information applies to the questions displayod below.] The stockholders' equity section of Ironworks is presented here. Based on the stockholders' equity section of Ironworks, answer the following questions. Remember that all amounts are presented in thousands. 5. What was the average cost per share of the treasury stock acquired

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