How much in dividends were paid to shareholders during the


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.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How much in dividends were paid to shareholders during the
Reference No:- TGS02378794

Expected delivery within 24 Hours