8 Assume the following Retained earnings in 2n14 and 2015 wn

8) Assume the following: Retained earnings in 2n14 and 2015 wn was $45M in 2015, how much was dividends in 2015 A) $154M B) S30M $300M s107M 19) Which of the following watemmntTS TRUE A) If CFFA is negative, it means that thr firmienvestment reeds exceeded-oo B) Whether to borrow or limue Mock is e deciien foced by Scagers in du ) The working capital management decistion deals with how to tche a ms D) Corporate financial managers work for the Sirgs\'sd and haol

Solution

Ans 18) Dividned paid out = Net Income + Begining retained earning - ending retained earnings

= 45 + 47 - 62 = $30 MIllion

Ans 19 ) Option B is correct because financial manager always juggle between debt and equity financing.