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03-06-2023
Business

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In 2018, Gator Inc. reported $100 million of netncome and $640 million of retained earnings. In 2017, its retained earnings were $620 million. How much did Gator, Inc. distribute to shareholders in the form of dividends during 2018? a. $100M b. $110M c. $120M d. $80M e. $90M

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