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    riggskr's Avatar
    riggskr Posts: 2, Reputation: 1
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    #1

    Nov 18, 2013, 08:10 AM
    Retained earnings increase after dividends
    Polycom Systems earned $480 million last year and paid out 20 percent of earnings in dividends.
    By how much did the companys retained earnings increase?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Nov 21, 2013, 04:40 PM
    Take your earnings of $480 million times 80%(100%-20%) to get your answer.
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