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What amount of dividends if any did colgate-palmolive pay

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Reference no: EM132509873

Applying Financial Statement Relations to Compute Dividends

Assume Colgate-Palmolive reports the following dollar balances in its retained earnings account.

($ millions)               2015           2014

Retained earnings      $19,416       $19,504

During 2015, Colgate-Palmolive reported net income of $2,050 million.

Question a. What amount of dividends, if any, did Colgate-Palmolive pay to its stockholders in 2015?

Reference no: EM132509873

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