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K During 2021, Burke Company earned revenues of $140 million. (Click the icon to view additional information.) Read the requirements. More info Burke incurred,
K During 2021, Burke Company earned revenues of $140 million. (Click the icon to view additional information.) Read the requirements. More info Burke incurred, during that same year, salary expense of $31 million, rent expense of $17 million, and utilities expense of $22 million. Burke declared and paid dividends of $18 million during the year. At December 31, 2021, Burke had cash of $140 million, accounts receivable of $90 million, property and equipment of $42 million, and other long-term assets of $19 million. At December 31, 2021, the company owed accounts payable of $57 million and had a long-term note payable of $33 million. Burke began 2021 with a balance in retained earnings of $77 million. At December 31, 2021, Burke had total stockholders' equity of $201 million, which consisted of common stock and retained earnings. Burke has a year-end of December 31. Print Done - X
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