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Dividends Net Income Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 10 $100 30 200

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Dividends Net Income Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 10 $100 30 200 Ch) 30 30 50 100 350 M1-15 Relationships among Financial Statements tems from Electronic Arts, Inc., are listed below in alphabetical order. Solve for xplain whether the company was profitable. the 2013 income statement, statement of retained earnings, and balance sheet of the missing amounts, and Use Exhibit 1.7 to identify relations among the items, then work backward to solve for amounts. Note that the beginning Retained Earnings in this mini-exercise is negative. TIP: Electronic Ans Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues ?c" $2,280 (80) 5,100 2,800, 3,800 1-16 Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet e following information was reported in the December 31, 2012, financial statements uthwest Airlines, Inc. (listed alphabetically, amounts in millions). ccounts Payable ccounts Receivable ircraft Fuel Expense ash mmon Stock $4,650 580 8,700 2,970 1,220 Interest Expense Landing Fees Expense Notes Payable Repairs and Maintenance Expense Retained Earnings (as of December 31, 2012) 6,9 1,2 5,7

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