Question
Below are approximate amounts related to retained earnings reported by five companies in previous years. Coca-Cola reports an increase in retained earnings of $2.9 billion
Below are approximate amounts related to retained earnings reported by five companies in previous years.
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Coca-Cola reports an increase in retained earnings of $2.9 billion and net income of $6.3 billion.
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PepsiCo reports an increase in retained earnings of $3.1 billion and dividends of $2.3 billion.
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Alphabet reports an increase in retained earnings of $1.57 billion and net income of $1.57 billion.
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Sirius XM Satellite Radio reports beginning retained earnings of $1.66 billion, net loss of $0.97 billion, and $0 dividends.
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Abercrombie & Fitch reports ending retained earnings of $1.50 billion, net income of $0.40 billion, and dividends of $0.06 billion.
(Enter your answers in billions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign.)
Required:
- What is the amount of dividends of Coca-Cola?
- What is the amount of net income of PepsiCo?
- What is the amount of dividends of Alphabet?
- What is the amount of ending retained earnings of Sirius XM Satellite Radio?
- What is the amount of beginning retained earnings of Abercrombie & Fitch?
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