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alance een Net The following information came from a recent balance sheet of Apple Computer, Inc.: Assets..... Liabilities.. Owners' Equity.. End of Year Beginning
alance een Net The following information came from a recent balance sheet of Apple Computer, Inc.: Assets..... Liabilities.. Owners' Equity.. End of Year Beginning of Year $176.0 billion $ 57.9 billion ? $116.4 billion ? $ 76.6 billion a. Determine the amount of total liabilities reported in Apple Computer's balance sheet a beginning of the year. b. Determine the amount of total owners' equity reported in Apple Computer's balance shee the end of the year. c. Retained earnings was reported in Apple Computer's year-end balance sheet at $101.3 bill If retained earnings was $62.8 billion at the beginning of the year, determine net income the year if a $2.5 billion dividend was declared during the year. LO3-4, LC LO3-8 EXERCISE Preparing J for Revenue Dividends di 38-
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