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Flint Corporation has on its balance sheet the following amounts: Assets $6,000,000; Liabilities $3,000,000; and Contributed Capital $1,500,000. What is the amount of retained earnings

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Flint Corporation has on its balance sheet the following amounts: Assets $6,000,000; Liabilities $3,000,000; and Contributed Capital $1,500,000. What is the amount of retained earnings that should appear on Flint's balance sheet? $1,800,000 O $1.500.000 0 $ 800.000 None of the above is correct. ACE Company reported net income in 2021 equal to $4,875,000 and authorized 5,000,000 shares of common stock. They had 3,500,000 shares on average that were issued and average shares held in treasury equal to 250,000. Their earnings per share for 2021 equals O $2.00 0 $0.98 O $1.50 O 1.39 None of the above. James Corporation, reported current assets of $3,423,000 and current liabilities of $1,234,000 in 2021: and in 2020, current assets of $2,780,000 and $896,000 of current liabilities. Calculate the current ratio for 2021. 0 2.75 2.77 03.10 03.96 None of the above

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