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dont explain or go into detail, I just need the final answer, thanks. You are provided the following information for an entity for the year
dont explain or go into detail, I just need the final answer, thanks.
You are provided the following information for an entity for the year ended December 20x4: Net income Dividends $354005 94590 748297 Retained earnings, December 31, 20x4 What is the retained earnings at the beginning of the year? Select one: Dra. $748297 feb. $299702 c. $488882 d. $1007712 Check A corporation was formed on January 1, 20x8. It issued 500,000 common shares for total consideration of $1782992. During its first year of operations, the corporation reported net income of $820299 and declared $137144 of cash dividends. Which of the following is the total shareholders' equity of the corporation at December 31, 20x8? Select one: O a. $1782992 o b. $2466147 oc. $683155 0 d. $2740435 Check The beginning balances of the shareholders' equity of Hanssen Incorporated for the year 20x7 are as follows: Common shares, 1,000,000 shares issued Retained earnings During 20x7. David repurchased 60602 shares at $26.03. The net income for the year was $904136. What is the balance in retained earnings at December 31, 20x79 Select one: a. $1222164 b. $ 965179 c. $2187343 od. $318028 Check - - - - lete S40000 ut of The J&W Corporation's shareholders' equity as at December 31, 20x7 is as follows: Common shares, 1137 shares outstanding Preferred shares, $5.10, cumulative, 188 shares $15000 outstanding Retained Earnings $64077 The preferred share dividends were last paid on December 31, 20x4. It is now December 1, 20x8 and management wants to pay a dividend of $3.50 per common share. The company's 20x8 ending Retained Earnings balance is $72450, and there were no transactions relating to the issuance or redemption of common shares throughout the year. What was the company's net income for the year 20x8? Select one: a $8373 b. $16188 c. $12352 d. $15229 Check Step by Step Solution
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