Colgate-Palmolive reports the following dollar balances in its retained earnings account. During 2012, Colgate-Palmolive reported net income

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Colgate-Palmolive reports the following dollar balances in its retained earnings account. image text in transcribed

During 2012, Colgate-Palmolive reported net income of ($ 2,472) million. What amount of dividends, if any, did Colgate-Palmolive pay to its stockholders in 2012? What percent of its net income did Colgate Palmolive pay out as dividends in 2012?

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Financial And Managerial Accounting For MBAs

ISBN: 9781618533593

6th Edition

Authors: Peter D. Easton

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Question Posted: Mar 03, 2024 06:01 AM

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Colgate-Palmolive reports the following dollar balances in its retained earnings account. During 2012, Colgate-Palmolive reported net income

Question:

($ millions) Retained earnings 2012 $16,953 2011 $15,649

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Financial And Managerial Accounting For MBAs

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