Question: Computer World Inc. paid out $36 million in total common dividends and reported $3,600 million of retained earnings at year-end. The prior year's retained earnings

Computer World Inc. paid out

$36

million in total common dividends and reported

$3,600

million of retained earnings at year-end. The prior year's retained earnings were

$2,880

million. What was the net income? Assume that all dividends declared were actually paid.\

$6,480

million\

$6,516

million\

$756

million\

$720

million\

$2,916

million\

$3,636

million

Computer World Inc. paid out $36 million in total common dividends

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