Retained earnings increased : €100,000
Add dividend declared and paid : €50,000
net income for the year ; €150,000
Master Company retained earnings increased by €100,000 during the year. Also, during the year, dividends totaling...
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?
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?
Assets increased by $100,000 during the year. Liabilities increased by $30,000 during the year. Dividends for the year were S50,000. Expenses for the year were $200,000. Capital contributions during the year were S25,000 Compute REVENUES for the year. Note: There are two types of equity: (I) Capital contributions (also called capital stock or paid-in capital) and (2) retained earnings. Capital contributions are amounts invested directly by the owners. Retained earnings represents the amount of assets created by profitable operations and...
The Brandon Company had an ending balance in retained earnings of $100,000. During the year it paid dividends of $25,000 and had net income of $75,000. It also had other comprehensive income (foreign currency gain) of $10,000. What was beginning retained earnings? $50,000 O $150,000 $40,000 $ 140,000
Retained Earnings Statement Rolt Company began 2016 with a $150,000 balance in retained earnings. During the year, the following events occurred: The company earned net income of $83,000. A material error in net income from a previous period was corrected. This error correction increased retained earnings by $7,350 after related income taxes of $3,150. Cash dividends totaling $13,000 and stock dividends totaling $19,000 were declared. One thousand shares of callable preferred stock that originally had been issued at $105 per...
Question 6 2 pt Henderson Company began the year with retained earnings of $100,000. During 2025, the company issued $80,000 of common stock for cash. The company recorded revenues of $740,000, expenses of $640,000, and paid dividends of $40,000. What was Finney's net income for the year 2025? $60,000 $140,000 $180,000 $100,000
A company had retained earnings on 1/1/2018 of $8.5m. During 2018, it paid a dividend of $1.2m that had been declared in 2017 and it also declared a dividend in 2018 for $1.6m, payable in 2019. No other dividends were paid or declared. Net income was $2.3m in 2017 and $3.3m in 2018. In 2019, net income is projected to be $4.2m. Please calculate: a. Retained Earnings 1/1/2017: b. Retained Earnings 12/31/2018:
In Ramon Company, Treasury Stock increased $20.000 from a cash purchase and Retained Earnings increased $80,000 as a result of net income of $120,000 and cash dividends paid of $40,000. Ramon also purchased $100,000 of plant assets with cash. Net cash in/outflows from financing activities is/are: O A $20,000 B. $120,000 OC. $40,000 OD $60,000
As of January 1, 2014, the company has $300,000 in retained earnings. During the year the company had earnings/net income of $150,000 and paid cash dividends of $50,000. What is the amount of retained earnings as of December 31, 2014? Click the answer you think is right. $500,000 $450,000 $400,000 $200,000 Road about this Do you know the answer? I know it Think so Unsure No iclea
The opening balance of retained earnings for a company was $1333638. During the year it earned a net income of $504382 and shareholders invested an additional $633517 for shares. The ending balance of retained earnings was $1596480. How much did the company pay out in dividends during the year? Select one: a. $0 O b. $875057 O c. $241540 od. $129135