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Below are approximate aountsrelated to retained earnings reported by five companies in previous years. 1. Coca-Cola reports an increase in retained earnings of $1.2 billion
Below are approximate aountsrelated to retained earnings reported by five companies in previous years. 1. Coca-Cola reports an increase in retained earnings of $1.2 billion and net income of $2.9 billion. 2. Pepsico reports an increase in retained earnings of $1.4 billion and dividends of $O.6 billion. 3. Google reports an increase in retained earnings of $1.40 billion and net income of $1.40 billion 4. Sirius Satellite Radio reports beginning retained earnings of -$2.00 billion, net loss of $0.80 billion, and $0 dividends. 5. Abercrombie & Fitch reports ending retained earnings of $1.76 billion, net income of $0.23 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: 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? eginning retained earnings billion
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