Statement of retained earnings In its recent income statement ComputerWorld Inc. reported paying out $22. 5 million
Question:
Statement of retained earnings In its recent income statement ComputerWorld Inc. reported paying out $22. 5 million in total dividends to shareholders during the most recent year, and in its year-end balance sheet ComputerWorld reported $278.9 million of retained earnings. Its balance sheet the previous year showed S212.3 million of retained earnings. What was the firm's reported net income for the current vear?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Financial Management Concise
ISBN: 9780324258721
4th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Question Posted: