Question: Question 13 (4 points) In its recent income statement, Smith Software Inc. reported $19 million of net income, and in its year-end balance sheet, Smith
Question 13 (4 points) In its recent income statement, Smith Software Inc. reported $19 million of net income, and in its year-end balance sheet, Smith reported $425 million of retained earnings. The previous year, its balance sheet showed $417 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $6.00 $8.00 $19.00 $11.00 $26.00
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