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+ + Allen White Assets $12.ee $12.000 Liabilities $9, see $3,eee Common Stock $2,280 $7,2ee Retained Earnings $ 720 $1.00 + + + Required a.
+ + Allen White Assets $12.ee $12.000 Liabilities $9, see $3,eee Common Stock $2,280 $7,2ee Retained Earnings $ 720 $1.00 + + + Required a. Based on this information alone, can White pay a $5,800 dividend? O Yes O No b-1. Reconstruct the accounting equation for each company using percentages on the right side of the equation instead of dollar values. Asseto Llabilities Company Allen White Stockholders' Equity Common Retained Stock Earnings + 951 + - + + 96 = b-2. Which company is more financially stable? O Allen O White c. Assume Allen incurs a $3,300 operating loss. The remaining assets are sold for the value shown on the books, and the cash proceeds are distributed to the creditors and investors. How much money will be paid to creditors and how much will be paid to investors? Amount to paid creditors Amount to paid investors d. Assume White incurs a $3.300 operating loss. The remaining essets are sold for the value shown on the books, and the cash proceeds are distributed to the creditors and investors. How much money will be paid to creditors and how much will be paid to investors? Amount to paid creditors Amount to paid investors
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