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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 $1.9
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 $1.9 billion and net income of $4.3 billion. 2. Pepsico reports an increase in retained earnings of $2.1 billion and dividends of $1.3 billion. 3. Google reports an increase in retained earnings of $1.47 billion and net income of $1.47 billion. 4. Sirius Satellite Radio reports beginning retained earnings of $1.86 billion, net loss of $0.87 billion, and $0 dividends. 5. Abercrombie & Fitch reports ending retained earnings of $1.62 billion, net income of $0.30 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: 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 earnings of Abercrombie & Fitch? Beginning retained earnings billion
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