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Net Sales Cost of Goods Sold Selling Expenses Dividend revenue 13,000 Interest Revenue 7,800 Administrative Expenses 480 650 200 70 related to Aussie Inc. for
Net Sales Cost of Goods Sold Selling Expenses Dividend revenue 13,000 Interest Revenue 7,800 Administrative Expenses 480 650 200 70 related to Aussie Inc. for the current year: Unrealized Loss on AFS Debt Securities Depreciation Omitted by accident in the previous year Casualty loss Cash dividends Declared Beginning Balance of Retained Earnings Tax Rate 800 550 500 450 9800 20% Required: 1. Compute Net Income [NI] for Aussie 2. Compute Comprehensive Income [CI] for Aussie 2. Assuming 600 common shares were outstanding for the entire year, compute the company's earnings per share [EPS] for Net Income. Round to the nearest hundredth. 3. Compute the balance of Retained Earnings as of the end of the year. [RE] Required: Show your work for partial credit.
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