How much in dividends were paid to shareholders during year

Assignment Help Financial Management

Reference no: EM131583250

In its most recent financial statements, Nessler Inc. reported $30 million of net income and $390 million of retained earnings. The previous retained earnings were $363 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: EM131583250

Questions Cloud

The weighted average cost of capital after refinancing : What is the total market value of the firm? What will be the weighted average cost of capital after refinancing?

What interest rate would make it worthwhile to incur : What interest rate would make it worthwhile to incur compensating balance of $21,000 in order to get 1 percent lower interest rate on 1 year, pure discount loan

What is current share price : If the required return on this stock is 10 percent, what is the current share price?

Find the portfolios risk premium : Find the portfolio’s beta. Find the portfolio’s risk premium. Find Treynor ratio and interpret it.

How much in dividends were paid to shareholders during year : How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid.

Assume no purchases or returns are made in the exercise : Assume no purchases or returns are made in the exercise given below At the beginning of a 31 -day billing period.

Annual increase in dividends over the next three years : Thai One On, a national Thai restaurant chain, expects to see a 25% annual increase in dividends over the next three years.

A local furniture store is advertising deal : A local furniture store is advertising a deal in which you buy a $2,500 dining room set and do not need to pay for two years

The firm optimal dividend policy : We examined various propositions in class for the firm’s optimal dividend policy. Can you explain these empirical finding?

User Account

All Pages