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Beginning Assets Liabilities Common stock Retained earnings Ending Compute the missing amount (?) for each company. (Amounts are in millions.) (Enter a 0 for
Beginning Assets Liabilities Common stock Retained earnings Ending Compute the missing amount (?) for each company. (Amounts are in millions.) (Enter a "0" for any zero amounts.) Kennedy Corp. Caring Co. Childress, Inc. Assets Liabilities Common stock Retained earnings Income statement Revenues Expenses Net income $ Statement of retained earnings Beginning RE + Net income -Dividends = Ending RE $ 76 $ 51 7 18 86 $ 53 7 26 227 S 218 9 18 $ 9 (1) 26 $ 30 21 7 2 48 $ 32 12 165 $ 157 8 2 $ 8 (6) 4 $ 1 6 10 20 8 22 10 4 (2) 12
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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