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Question(s) / Instruction(s):

Below is the common equity section (in millions) of Teweles Technology’s last two year-end balance sheets:

                                                            2007                                    2006

Common Stock                                $2000                                   $1000

Retained Earnings                             2000                                      2340

Total Common Equity                      $4000                                    $3340

Teweles has never paid a dividend to its common stockholders.  What is the correct statement?

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