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Answer question a, b, c, d Using the financial data given for Reitman's (Canada), calculate the following Some answers DO NOT require calculations. But you
Answer question a, b, c, d
Using the financial data given for Reitman's (Canada), calculate the following Some answers DO NOT require calculations. But you must calculate the correct amount for RETAINED EARNINGS (do NOT record the given amount of retained earnings for your answer). REITMANS (CANADA) LIMITED Selected Financial Data January 28, 2006 (in thousands) Class A non-voting (preferred) shares, unlimited authorized, 56,747 issued Common shares, unlimited authorized, 13,440 issued Contributed surplus Dividends Net income Reduction of retained earnings due to reacquisition of Class A non-voting shares above average cost Metained earnings, January 29, 2005 Total shareholders' equity, January 29, 2005 $ 16,892 482 2,523 29,345 84,889 1,375 316,191 331,524 a Value of Preferred Shares b) Value of Common Shares c) Retained Earnings d) Total shareholders equity January 28 2006 Step by Step Solution
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