($ in millions) net sales $ 10,500 cost of goods sold 7,950 depreciation 370 earnings before interest and taxes $ 2,180 interest paid 100 taxable income $ 2,080 taxes 624 net income $ 1,456 windswept, inc. 2016 and 2017 balance sheets ($ in millions) 2016 2017 2016 2017 cash $ 370 $ 390 accounts payable $ 1,910 $ 1,800 accounts rec. 1,110 1,010 long-term debt 1,070 1,530 inventory 1,880 1,770 common stock 3,360 3,140 total $ 3,360 $ 3,170 retained earnings 650 900 net fixed assets 3,630 4,200 total assets $ 6,990 $ 7,370 total liab. & equity $ 6,990 $ 7,370 what were the total dividends paid for 2017?

What were the total dividends paid for 2017?

1206

Explanation:

Balance  

                           20162017

Cash                       370390

Account receivable11101010

Inventory               18801770

net fixed assets      36304200

                            69907370

Account Payable      19101800

Lon term debt      10701530

Common stock    33603140

Retaining earnings      650900

                             69907370

Net income                        1456

Increase retained earnings  250

Dividens                               1206

answer; /// the best answer to the above question is; the main economic goal that a society consider when deciding the best way to distribute its wealth is equity, this to ensure that all resources are equally distributed; ///(a) (economic equity)