Calculate how much dividend pk stores paid to shareholders, Financial Management

Calculate how much dividend pk stores paid to shareholders

PK stores reported net income of $50 million. The company has no outstanding debt, and the company did not repurchase common shares. Using the following information from the company balance sheets (in millions), calculate how much dividend PK Stores paid to shareholders, and the change of contributed capital of PK Stores in 2017.

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Financial Management: Calculate how much dividend pk stores paid to shareholders

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Financial Management: Calculate how much dividend pk stores paid to shareholders

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