Question: In its recent income statement, Smith Software Inc. reported $3 million of net income, and in its year-end balance sheet, Smith reported $311 million of

In its recent income statement, Smith Software Inc. reported $3 million
of net income, and in its year-end balance sheet, Smith reported $311

In its recent income statement, Smith Software Inc. reported $3 million of net income, and in its year-end balance sheet, Smith reported $311 million of retained earnings. The previous year, its balance sheet showed $311 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $2.00 $0.00 $3.00 $3.00 $10.00 Hayes Corporation has $258 million of common equity on its balance sheet and 6,000,000 shares of common stock outstanding. The company's Market Value Added (MVA) is $68 million. What is the company's stock price? $54.33 $43.00 $11.33 $59.75 $9.20

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