For its most recent fiscal year, Sushi Co. reported net income of $72,500. Its year-end balance sheet indicated $1.174 million in retained earnings. Sushi showed retained earnings of $1.131 million for the previous year. What were the cash dividends (in millions of dollars) paid to shareholders during the most recent year?

Answer rating: 100% (QA)

To calculate the cash dividends paid to shareholders during th... View the full answer