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Mulligan Corporation ended its fiscal year on September 30, 2021, with cash of $76 million, accounts receivable of $20 million, property and equipment of $26
Mulligan Corporation ended its fiscal year on September 30, 2021, with cash of $76 million, accounts receivable of $20 million, property and equipment of $26 million, and other long-term assets of $23 million. The company's liabilities consist of accounts payable of $30 million and long-term notes payable of $22 million. Mulligan Corporation has total stockholders' equity of $93 million; of this total, common stock is $32 million. Solve for the company's ending retained earnings and then prepare Mulligan Corporation's balance sheet at September 30, 2021. Use a proper heading on the balance sheet Begin by solving for the company's ending retained earnings. (Enter your answer in millions.) Mulligan Corporation's ending retained earnings balance is million
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