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K ces The following data are based on information in the 2019 annual report of Fresh Country Dining. Dollar amounts are in millions. Assets Liabilities
K ces The following data are based on information in the 2019 annual report of Fresh Country Dining. Dollar amounts are in millions. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2017 2019 $ 1,619 995 624 Required A 3,110 2,868 214 Required a. Calculate the company's net income and retained earnings for 2018 and 2019. b. Which increased (or decreased) by the greatest percentage amount: revenues or net income? Required B Required C 2018 $ 1,565 964 601 c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2018 or 2019? Required D 3,068 2,801 227 $ 512 Complete this question by entering your answers in the tabs below. Calculate the company's net income and retained earnings for 2018 and 2019. (Enter your answers in millions of dollars.)
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