Question
Company Y's balance sheet reported: Total Liabilities of $76.767 million Cash of $6.030 million Total Assets of $124.231 million Total Common Stock of $3.810 million.
Company Y's balance sheet reported:
Total Liabilities of $76.767 million
Cash of $6.030 million
Total Assets of $124.231 million
Total Common Stock of $3.810 million.
What were the Company Y's retained earnings?
Select: 1
$51.274 million
$57.304 million
$43.654 million
$49.684 million
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
