I just have a mistake in the net income loss. so that what I
need. ![M1-15 Relationships among Financial Statements [LO 1-2] tems from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizzard, Inc., are listed below in alphabetical order 1. Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Activision Blizzard, Inc. Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 3,972 170 722 3,374 4,096 15,251 3,772 7,183 4,664](http://img.homeworklib.com/questions/7a9a79e0-721a-11ea-9d5f-a1b9b069df02.png?x-oss-process=image/resize,w_560)
Homework Answers
Net Income/(Loss) can be calculated in 2 ways:
1.Net Income = Total Revenue – Total Expenses
= $4,664 - $3,772
= $892
2. Change in Retained earnings = $4,096 - $3,374 = $722
Add: Dividend paid = $170
Net Income = $892
Hence, Net Income = $892
Add Answer to:
I just have a mistake in the net income loss. so that what I
need.
M1-15...
Items from the 2015 income statement, statement of retained earnings
Items from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizzard, Inc., are listed below in alphabetical order.Solve for the missing amounts. (Loss amounts should be Indicated with o minus sign.)Activision Blizzard, inc.Common Stock$3,130Dividends190Net Income (Loss)Retained Earnings, Beginning of Year3,935Retained Earnings, End of YearTotal Assets15,791Total ExpensesTotal Liabilities7,679Total Revenues4,822Is the company profitable?
Items from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizzard,...
Items from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizzard, Inc., are listed below in alphabetical order. 1. Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Activision Blizzard, Ine. Common Stock Dividends Net Income (LOSS) Retained Earnings Beginning of Year | Retaned namings, End of Year Total Assets Total Expenses. (Total Liabines Total Revenues
1. Solve for the missing amounts. (Loss amounts should be Indicated wlth a minus sign) Activision...
1. Solve for the missing amounts. (Loss amounts should be Indicated wlth a minus sign) Activision Blizzard, Inc Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 2,580 3,831 15,579 7,881 4,960 2 Is the company profitable? O Yes O No
Compute these amounts for BlueberryBlueberry: 1. Total assets 2. Total liabilities 3. Net income or loss...
Compute these amounts for
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2. Total liabilities
3. Net income or loss during NovemberNovember
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Blueberry Inc.'s trial balance follows. (Click the icon to view the trial balance.) Compute these amounts for Blueberry: 1. Total assets 2. Total liabilities 3. Net income or loss during November 4. Total shareholders' equity 82000 1. Total assets $ $45000 2. Total liabilities 3. Net lincome $ 26300 4. Total shareholders' equity $37000 Blueberry Inc. Trial Balance...
Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses...
Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses Net income (loss) Loving Corporation Statement of Retained Earnings Year Ended December 31, 2018 (millions) Beginning retained earnings Net income Cash dividends declared Ending retained earnings Loving Corporation Print Done Data Table Ending retained earnings Loving Corporation Balance Sheet December 31, 2018 (millions) Assets Cash All other assets Total assets Liabilities Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities...
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hi I need help with these
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I need help filling out the blanks and finding out the net income. Thank you Bennett...
I need help filling out the blanks and finding out the net
income. Thank you
Bennett Griffin and Chula Garza organized Cole Valley Book Store as a corporation; each contributed $80,000 cash to start the business and received 4,000 shares of common stock. The store completed its first year of operations on December 31, current year. On that date, the following financial items for the year were determined: December 31, current year, cash on hand and in the bank, $75,600;...
I need help preparing the rest of the retained earnings statement. Comprehensive Accounting Cycle Review 11-02...
I need help preparing the rest of the retained earnings
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Comprehensive Accounting Cycle Review 11-02 (Part Level Submission) Your answer is partially correct. Try again. Prepare a multiple-step income statement as of February 28, 2022. Review Score Review Results by Study Objective SKYSONG CLEANING SERVICES INC. Income Statement For the Month Ending February 28, 2022 Tservice Revenue 13,353 Operating Expenses T Bad Debt Expense 527 Salaries and Wages Expense 6360 | Utilities Expense 240 Supplies Expense 640 Insurance Expense...
i need help on my retained earnings and income statement. i have a income tax rate...
i need help on my retained earnings and income statement. i
have a income tax rate of 20% and my RE ending has to be 361,000.
not sure what i am missing on my income statement
here are some updated pictures
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solve for the missing amounts ( no need to make a
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t
Calibri B I - 11 - - A A . - A - Alignment Number Paste U - Cells Editing Conditional Format as Cell Formatting" Table Styles Styles Clipboard Font A1 Presented below are incomplete financial statements for Marta Communications, 1 Presented below are incomplete financial statements for Marta Communications, Inc. 3 Required: 4 Solve for the missing...
Items from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizzard, Inc., are listed below in alphabetical order. 1. Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Activision Blizzard, Ine. Common Stock Dividends Net Income (LOSS) Retained Earnings Beginning of Year | Retaned namings, End of Year Total Assets Total Expenses. (Total Liabines Total Revenues
1. Solve for the missing amounts. (Loss amounts should be Indicated wlth a minus sign) Activision Blizzard, Inc Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 2,580 3,831 15,579 7,881 4,960 2 Is the company profitable? O Yes O No
Compute these amounts for
BlueberryBlueberry:
1. Total assets
2. Total liabilities
3. Net income or loss during NovemberNovember
4. Total shareholders' equity
Blueberry Inc.'s trial balance follows. (Click the icon to view the trial balance.) Compute these amounts for Blueberry: 1. Total assets 2. Total liabilities 3. Net income or loss during November 4. Total shareholders' equity 82000 1. Total assets $ $45000 2. Total liabilities 3. Net lincome $ 26300 4. Total shareholders' equity $37000 Blueberry Inc. Trial Balance...
Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses Net income (loss) Loving Corporation Statement of Retained Earnings Year Ended December 31, 2018 (millions) Beginning retained earnings Net income Cash dividends declared Ending retained earnings Loving Corporation Print Done Data Table Ending retained earnings Loving Corporation Balance Sheet December 31, 2018 (millions) Assets Cash All other assets Total assets Liabilities Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities...
hi I need help with these
questions... thanks
DONAVAN, INC. Balance Sheet Liabilities and Stockholders' Equity Liabilities Assets Cash Inventory Buildings Total assets $ 7,000 10,000 45,000 $62,000 Accounts payable $ 5,000 Stockholders' equity Common stoc Retained earnings Total liabilities and stockholders' equity $62,000 Income Statement $85,000 Revenues Cost of goods sold Salaries and wages expense Net income 10,000 $ (d) Retained Earnings Statement Beginning retained earnings Add: Net income Less: Dividends $12,000 5,000 $27,000 Ending retained earnings Instructions Calculate...
I need help filling out the blanks and finding out the net
income. Thank you
Bennett Griffin and Chula Garza organized Cole Valley Book Store as a corporation; each contributed $80,000 cash to start the business and received 4,000 shares of common stock. The store completed its first year of operations on December 31, current year. On that date, the following financial items for the year were determined: December 31, current year, cash on hand and in the bank, $75,600;...
I need help preparing the rest of the retained earnings
statement.
Comprehensive Accounting Cycle Review 11-02 (Part Level Submission) Your answer is partially correct. Try again. Prepare a multiple-step income statement as of February 28, 2022. Review Score Review Results by Study Objective SKYSONG CLEANING SERVICES INC. Income Statement For the Month Ending February 28, 2022 Tservice Revenue 13,353 Operating Expenses T Bad Debt Expense 527 Salaries and Wages Expense 6360 | Utilities Expense 240 Supplies Expense 640 Insurance Expense...
i need help on my retained earnings and income statement. i
have a income tax rate of 20% and my RE ending has to be 361,000.
not sure what i am missing on my income statement
here are some updated pictures
We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this image17000 75000 25000 117000 50000 150000 400000 Liabilities and Shareholders' Equity Current Liabilities: Accounts Payable Income Tax Payable t Payable Current...
solve for the missing amounts ( no need to make a
excel sheet just state the line # and answer )
t
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