Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 18, Problem 4P

a.

Summary Introduction

To calculate: The increase in the retained earnings of Polycom Systems.

Introduction:

Retained Earnings:

Retained earnings is that portion of the profits earned by a business which is not disbursed as dividends to the shareholders by the company so that it can be used for future investments.

b.

Summary Introduction

To calculate: The dividend yield of Polycom Systems, given the number of shares outstanding to be 100 million and price of stock $101.

Introduction:

Dividend Yield:

Also termed as dividend price ratio, the ratio that helps in comparing the annual dividend of a company to its share price is termed as dividend yield.

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