Business, 11.02.2020 02:18 mhaniyahn

Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's paper. In its annual report this year, NOW Inc. reported a net income of $152 million. Last year, the company reported a retained earnings balance of $459 million, whereas this year it increased to $540 million. How much was paid out in dividends this year?

a. $4 million
b. $360 million
c. $71 million
d. $233 million

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