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[The following information applies to the questions displayed below.) Frey & Felder has sales in excess of $83 billion and sells products that are part

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[The following information applies to the questions displayed below.) Frey & Felder has sales in excess of $83 billion and sells products that are part of most of our daily lives. A recent annual report for F&F contained the following information: a. Retained earnings at the end of 2013 totaled $80,897 million b. Net income for 2014 was $11,993 million. c. Par value of the stock is $1 per share. d. Cash dividends declared in 2014 were $6,920 million. e. The Common Stock account totaled $4,079 million at the end of 2014 and $4,079 million at the end of 2013. Assume that no other information concerning stockholders' equity is relevant Required information . value 10.00 points Required: 1. Estimate the number of shares issued at the end of 2014. (Enter your answer in a whole number not in millions (Le.. 1,000,000 not 1.0).) Shares issued B ROOCOS 2. Estimate the amount of retained earnings at the end of 2014. (E 1,000,000 not 1.0).) Retained earnings

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