Question: Polycom Systems earned $ 5 7 4 million last year and paid out 2 4 percent of earnings in dividends. a . By how much

Polycom Systems earned $574 million last year and paid out 24 percent of earnings in dividends.
a. By how much did the company's retained earnings increase?
Note: Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).
Addition to retained earnings
b. With 100 million shares outstanding and a stock price of $117, what was the dividend yield? (Hint: First compute dividends per share.) Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.
Dividend yield
%
 Polycom Systems earned $574 million last year and paid out 24

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