Note that even though your answer will represent a cash


At the beginning of the year Big Lots reported retained earnings of $2,004 million and by the end of the year it was $2,318 million. The company also reported net income for the year of $337 million. How much (in $ millions) did the company pay out in cash dividends during the year? Note that even though your answer will represent a cash outflow for the payment of dividends, you should present your result as a positive value.

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Financial Management: Note that even though your answer will represent a cash
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