Compute the missing amount (?) for each company. (Amounts are in millions.)

At the end of the year, which company had the
■ highest net income?
■ highest percent of net income to revenues?

Transcribed Image Text:

Babble Co. Floralties, Inc. Drake Co. Beginning Assets.. $ 79 $35 Liabilities .. 51 15 5 Common stock.. 5 2 Retained earnings.. 15 6. Ending $ 15 $53 Assets... Liabilities .. 52 27 Common stock.. Retained earnings.. 35 Income statement $ 27 $ ? $227 Revenues. Expenses 218 153 Net income.. Statement of retained earnings Beginning RE. + Net income.... - Dividends declared Ending RE. $ 27 $ 6 $15 10 4 . (1) $ 35 (4) $ 6 (11) $14