Answer:
net income = $9620
so correct option C) $9,620 million net income
Explanation:
given data
retained earnings 2018 = $35,477 million
retained earnings 2017 = $32,138 million
dividends = $4,479 million
reduced retained = $1,802 million
to find out
net income did the firm report in fiscal 2018
solution
we get reduced due to dividend and other transaction is
reduced due to dividend and other transaction = $4479 + $1802
reduced due to dividend and other transaction = $6281
net income = retained earnings - reduced due to dividend and other transaction .............1
net income = $35477 -$6281
net income = $9620
so correct option C) $9,620 million net income