Pen and Pencil, Inc. recently reported $10 million of net income and $22 million of retained earnings.The

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Pen and Pencil, Inc. recently reported $10 million of net income and $22 million of retained earnings.The previous retained earnings were $18 million.How much in dividends were paid to shareholders during the year?Express your final answer in millions (e.g., if your answer is $8.9 million, type in "8.9").

Posted Date: May 18, 2024 11:08 AM

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Pen and Pencil, Inc. recently reported $10 million of net income and $22 million of retained earnings.The

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