Question: Check my work 1 Problem 18-7 Print Polycom Systems earned $553 million last year and paid out 25 percent of earnings in dividends. a. By
Check my work 1 Problem 18-7 Print Polycom Systems earned $553 million last year and paid out 25 percent of earnings in dividends. a. By how much did the company's retained earnings increase? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Enter the answer in millions.) Addition to retained earnings million b. With 100 million shares outstanding and a stock price of $101, what was the dividend yield? (Hint: First compute dividends per share.) (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Dividend yield ences %
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