Dividends were paid to shareholders during the year

Assignment Help Financial Management

Reference no: EM131997723

Statement of Stockholders' Equity

In its most recent financial statements, Newhouse Inc. reported $65 million of net income and $780 million of retained earnings. The previous retained earnings were $741 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.

Reference no: EM131997723

Questions Cloud

Evaluate three companies that offer DIPs or DRIPs : Evaluate three companies (look for investor information) that offer DIPs or DRIPs.

What is its times-interest-earned ratio : Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 6%. What is its times-interest-earned (TIE) ratio?

What was the firm end-of-year cash balance : You have just been hired as a financial analyst for Basel Industries. What was the firm's end-of-year cash balance?

How long will alden have to wait before funds are double : Alden’s dad follows through and expects an annual return of 10% on the prize funds. How long will Alden have to wait before the funds are double?

Dividends were paid to shareholders during the year : The previous retained earnings were $741 million. How much in dividends were paid to shareholders during the year?

What is the value of common stock : The appropriate discount rate is 10%. What is the value of the common stock under this scenario?

The dividends that each stock paid during the year : The table below shows your stock positions at the beginning of the year, the dividends that each stock paid during the year,

Equipment on statement of cash flows : How does the depreciation adjustment in OCF compare to the investment in property, plant and equipment on a statement of cash flows?

What is goodhealth days in accounts receivable : What is GoodHealth's days in accounts receivable?

User Account

All Pages