Million of retained earnings

Reference no: EM131351026

STATEMENT OF STOCKHOLDERS' EQUITY

In its most recent financial statements, Nessler Inc. reported $35 million of net income and $350 million of retained earnings. The previous retained earnings were $326 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: EM131351026

Questions Cloud

Describe a possible sampling procedure : Describe a possible sampling procedure using a nonprobability sampling technique.- Then describe how you might sample books using a probability sampling technique.

What is confounding of variables : What is meant by the internal validity of an experiment?- How do the two true experimental designs eliminate the problem of selection differences?

What are the tools of fiscal policy : What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies used during the Great Recession of 2008-2009 on operation of business operation.

What is the average throughput in kbps : If RTT = 100 ms, what is the average throughput in kbps? Can you see the impact of slow start on a short-duration session's throughput?

Million of retained earnings : In its most recent financial statements, Nessler Inc. reported $35 million of net income and $350 million of retained earnings. The previous retained earnings were $326 million. How much in dividends were paid to shareholders during the year? Assume ..

What is a repeated measures design : What is a repeated measures design? What are the advantages of using a repeated measures design? What are the disadvantages?

What would be the advantages of the design : When would a researcher decide to use the matched pairs design? What would be the advantages of this design?

International aids conference held in durban : In this simulation we will explore the 21st International AIDS Conference held in Durban, South Africa in 2016. The goal is to create an agreed upon global plan of action that addresses the objectives below.

Managers exceed their investors required return : At the beginning of 2007, Apple's beta was 1.3 and the risk-free rate was about 3.6%. Apple's price was $82.99. Apple's price at the end of 2007 was $199.01. If you estimate the market risk premium to have been 5.9%, did Apple's managers exceed their..

User Account

All Pages