Polycom systems earned 480 million last year and paid out


Question: Polycom Systems earned $480 million last year and paid out 20 percent of earnings in dividends.

a. By how much did the company's retained earnings increase?

b. With 100 million shares outstanding and a stock price of $80, what was the dividend yield?

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Finance Basics: Polycom systems earned 480 million last year and paid out
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