subject
Business, 10.05.2021 19:30 adrianayepez8

The first year of operations for a company was Year 1. The net income for Year 1 was $20,900 and dividends of $12,450 were paid. In Year 2, the company reported net income of $34,900 and paid dividends of $5,450. At the end of Year 1, the company had total assets of $159,000. At the end of Year 2, the company had total assets of $ $249,000. What is the amount of retained earnings at the end of Year 2

ansver
Answers: 3

Another question on Business

question
Business, 23.06.2019 02:40
If a country is looking to increase economic growth quickly, it should: choose the correct answer from the following choices, and then select the submit answer button. answer choices focus on natural resources and develop physical capital. make investments from domestic savings and adopt new technology. increase spending on human capital and start a new political approach. develop new technologies funded by the public sector.
Answers: 1
question
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 2
question
Business, 23.06.2019 09:40
When providing the square footage of a property for sale, the salesperson should disclose what?
Answers: 3
question
Business, 23.06.2019 12:50
Can you see any pitfalls or disadvantages to using feedly to organize your online content sources?
Answers: 1
You know the right answer?
The first year of operations for a company was Year 1. The net income for Year 1 was $20,900 and div...
Questions
Questions on the website: 13722359