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Aikman Company pald dividends of $2,430, 50, 51,420 and $1,060 over the first four years of the company's existence, respectively. If Retained Earnings has an
Aikman Company pald dividends of $2,430, 50, 51,420 and $1,060 over the first four years of the company's existence, respectively. If Retained Earnings has an ending balance of $9,500 at the end of year four, what was the average annual amount of net income (loss) over the first four years for Alkman? (Round your answer to the nearest dollar amount.) Multiple Choice $6,828 O O $14,410 o $1.228 O $3,603 The following financial Information is from Shovels Construction Company Accounts payable Buildings Cash Accounts receivable Sales tax payable Retained earnings Supplies Notes payable (due in 18 months) Interest payable Common stock $14,100 90,000 11,600 11,200 3,300 46,600 40,100 29,000 2,900 57,000 What is the amount of current assets, assuming the accounts above reflect normal activity? Multiple Choice $22,800 $152,900 $62.900 $119,900 Nina Corp. had the following net Income (loss) for the first three years of operations, respectively. $7,300,($1,800), and $2,600. If the Retained Earnings balance at the end of year three is $1,300, what was the total amount of dividends pald over these three years? Multiple Choice so O $500 O $8.100 O $6,800
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