"Below are approximate amounts related to retained earnings reported by five companies in previous years.
a. Coca-Cola reports an increase in retained earnings of $1.9 billion and net income of $4.3 billion.
b. Pepsico reports an increase in retained earnings of $2.1 billion and dividends of $1.
c billion. 3. Google reports an increase in retained earnings of $1.47 billion and net income of $1.47 billion.
d. Sirius Satellite Radio reports beginning retained earnings of −$1.86 billion, net loss of $0.87 billion, and $0 dividends.
e. Abercrombie & Fitch reports ending retained earnings of $1.62 billion, net income of $0.30 billion, and dividends of $0.06 billion.

1. What is the amount of dividends of Coca-Cola?2. What is the amount of net income of Pepsico?3. What is the amount of dividends of Google?4. What is the amount of ending retained earnings of Sirius Satellite Radio?

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?