Homework Answers
Increase in retained earnings = $35,000
Dividend declared = $28,000
Net Income = Increase in retained earnings + Dividend declared
= 35,000+28,000
= $63,000
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Problem #2 (10 points) Willie Company's retained earnings increased $35,000 during 2016. What was Willie's 2016...
If somone can please show the work so I can see how its solved. thank you....
If
somone can please show the work so I can see how its solved. thank
you.
tors. 1)) Problem #2 (10 points) Willie Company's retained earnings increased $35,000 during 2016. What was Willie's 2016 net income or loss given that Willie declared $28,000 of dividends during 2016? Show your work and put the answer in the box below bolo ANSWER
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Please, show the problem solving process.
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If
somone can please show the work so I can see how its solved. thank
you.
tors. 1)) Problem #2 (10 points) Willie Company's retained earnings increased $35,000 during 2016. What was Willie's 2016 net income or loss given that Willie declared $28,000 of dividends during 2016? Show your work and put the answer in the box below bolo ANSWER
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Master Company retained earnings increased by €100,000 during the year. Also, during the year, dividends totaling €50,000 were declared and paid to shareholders. What was Master Company net income for the year?
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Please, show the problem solving process.
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