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Currier Corp. began 20x6 with retained earnings of $210 million and share capital of $150 million. Revenues during the year were $540 million and expenses
Currier Corp. began 20x6 with retained earnings of $210 million and share capital of $150 million. Revenues during the year were $540 million and expenses totaled $240 million. Currier declared and paid dividends of $19 million. What was the company's ending balance of retained earnings? To answer this question, prepare Currier's statement of changes in equity for the year ended December 31, 20X6, complete with its proper heading. Prepare the statement of changes in equity. (Enter all amounts in millions. Include a subtotal after the "Add" line of the statement.) (millions) Add: Less
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