Assume colgate-palmolive reports the following dollar balances in its retained earnings account.($ millions) 2015 2014retained earnings $18,528 $18,388
during 2015, colgate-palmolive reported net income of $2,050 million.
a. what amount of dividends, if any, did colgate-palmolive pay to its stockholders in 2015?
b. what percent of its net income did colgate-palmolive pay out as dividends in 2015? round to the nearest whole percentage.
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Assume colgate-palmolive reports the following dollar balances in its retained earnings account.($ m...
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