Reconciling Retained Earnings Following is financial information from Johnson & Johnson for the year ended January 3,

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Reconciling Retained Earnings Following is financial information from Johnson & Johnson for the year ended January 3, 2016. Prepare the retained earnings reconciliation for Johnson & Johnson for the year ended January 3, 2016 ($

millions).

Retained earnings, Dec. 28, 2014 . . . . . . $97,245 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . $8,173 Net earnings . . . . . . . . . . . . . . . . . . . . . . . 15,409 Retained earnings, Jan. 3, 2016. . . . . . . . . ?

Other retained earnings changes . . . . . . . (602)

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Financial Statement Analysis And Valuation

ISBN: 9781618532336

5th Edition

Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers

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