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Company Sony SNE Using the following SEC 10-K: Respond to question below. Category: Retained Earnings 1. Use following equation below to show how the Retained

Company Sony SNE

Using the following SEC 10-K:

Respond to question below.

Category: Retained Earnings

1. Use following equation below to show how the Retained Earnings account has changed over the past two years.

Retained earnings, beginning

balance

+ Prior period adjustments

= Retained earnings,

adjusted balance

+ Net Income

- Retirement of Treasury

stock

- Dividends

= Retained earnings, ending balance

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