Question: Attempt Keep the Highest /10 6. Problem 3.10 (Statement of Stockholders Equity) etlook Problem Walk-Through Electronics World Inc. paid out $25.7 million in total common
Attempt Keep the Highest /10 6. Problem 3.10 (Statement of Stockholders Equity) etlook Problem Walk-Through Electronics World Inc. paid out $25.7 million in total common dividends and reported 538 million of retained earnings at yearend. The prior year's retained earnings were $302.6 million. What was the net income? Assume that all dividends declared were actualy paid write out your answer completely. For example, 25 million should be entered 25,000,000. Round your answer to the nearest dollar, if necessary
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