In its recent income statement, a firm reported $25 million of net income, and in its year-end balance sheet, the firm reported
$405 million of retained earnings. The previous year, its balance sheet showed $390 million of retained earnings. What were the total dividends paid to shareholders during the most recent year?
a. $ 6,750,000
b. $10,000,000
c. $11,250,000
d. $ 5,000,000
e. $ 3,500,000
a. $ 6,750,000
b. $10,000,000
c. $11,250,000
d. $ 5,000,000
e. $ 3,500,000
1 answer:
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Answer:
please find the solution which is defined as follows:
Explanation:
please find the table in the attached file:
- In point A, The Cashflow value = 5474.86 (premised on the description of cash flows).
- In point B, the above table the PV of cash flow represents the real cost of its earned cash flow.
- In point C, its actual value of the cash flow source is 3643.921.
- In point D, The observation would be that the value of money year after year is depleting and is worth far more as inflation is weak.
