Question

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 o minus sign.)

   
   

   Activision Blizzard, inc.
   Common Stock	$3,130
   Dividends	190
   Net Income (Loss)
   Retained Earnings, Beginning of Year	3,935
   Retained Earnings, End of Year
   Total Assets	15,791
   Total Expenses
   Total Liabilities	7,679
   Total Revenues	4,822

2. Is the company profitable? 
   

Answer 1

	Shareholders Equity = Total Assets - Total Liabilities
		=$15791-7679
		=$8112
	Retained Earning End Of The Year = Shareholders Equity - Common Stock
		=$8112-3130
		=$4982
	Net Income = (Ending Retained Earning - Begining Retained Earning ) + Dividend Paid
	=($4982-3935)+190
	=$1237
	Total Expenses = Total Revenue - Net Income
	=$4622-$1237
	=$3385
	Summary:
	Common Stock		$           3,130
	Dividend		$               190
	Net Income		$           1,237
	Retained Earnings, Beginning		$           3,935
	Retained Earnings, Ending		$           4,982
	total Assets		$         15,791
	Total Expenses		$           3,385
	Total Liabilities		$           7,679
	Total Revenue		$           4,622
	Let me know the wrong, if any.