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mode : This shows what is correct or incorrect for the work you have completed so for. It does not indicate Abbreviated financial statements for

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mode : This shows what is correct or incorrect for the work you have completed so for. It does not indicate Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by 19% in 2018 and all assets and liabilities increase correspondingly. Also assume no new equity is issued and none is repurchased. Income Statement Sales Costs, including interest Net income $ 5,800 4,400 $1,400 Net assets Balance Sheet, Year-End 2018 2017 $5,000 $4,500 Debt Equity $5,000 $4,500 Total 2018 $2,100 2,900 $5,000 2017 $1.933 2,567 $4,500 Total 6. What is the value of the addition to retained earnings for 2018? % Answer is complete but not entirely correct. Addition to retained earnings S 333.000 b. What is the residual dividend for 2018? & Answer is complete but not entirely correct. Residual dividend S 1.067.000 X pleted so for. It does not indicate Abbreviated financial statements for Archimedes Levers are shown in the table below. Assume sales and expenses increase by 19% in 2018 and all assets and liabilities increase correspondingly. Also assume no new equity is issued and none is repurchased Income Statement Sales Costs, including interest Net income $ 5,800 4,400 $ 1,400 Not asset Balance Sheet, Year-End 2018 2017 $5,000 $4,500 Debt Equity $5,000 $4,500 Total 2018 $2,100 2, 900 $5,000 2017 $1,933 2,567 $4,500 Total a. What is the value of the addition to retained earnings for 2018? Answer is complete but not entirely correct. Addition to retained earnings 5 333.000 b. What is the residual dividend for 2018? Answer is complete but not entirely correct. Residual dividend $ 1.067.000

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