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Below are approximate amounts related to retained earnings reported by five companies in previous years. 1. Coca-Cola reports an increase in retained earnings of $24
Below are approximate amounts related to retained earnings reported by five companies in previous years. 1. Coca-Cola reports an increase in retained earnings of $24 billion and net income of $5.3 billion. 2 Pepsico reports an increase in retained earnings of $2.6 billion and dividends of $1.8 billion. 3. Google reports an increase in retained eamings of $1.52 billion and net income of $1.52 billion. 4. Sinus Satellite Radio reports beginning retained earnings of - $1.76 billion, net loss of $0.92 billion, and $0 dividends. 5. Abercrombie & Fitch reports ending retained earings of $1.40 billion, net income of $0.35 billion, and dividends of $0.04 billion. (Enter your answers in billions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign.) Required: 1. What is the amount of dividends of Coca-Cola? Dividends billion 2 What is the amount of net income of Pepsico? Net income billion 3. What is the amount of dividends of Google? Dividends billion 4. What is the amount of ending retained earnings of Sirius Satellite Radio? Ending retained earnings billion 5. What is the amount of beginning retained earings of Abercrombie & Fitch? Beginning retained earnings billion
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