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Nineteen Measures of Solvency and Profitability The comparative financial statements of Bettancort Inc. are as follows. The market price of Bettancort Inc. common stock
Nineteen Measures of Solvency and Profitability The comparative financial statements of Bettancort Inc. are as follows. The market price of Bettancort Inc. common stock was $71.25 on December 31, 2016. Bettancort Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 Retained earnings, January 11 Add net income for year Total Deduct dividends: On preferred stock On common stock Total Retained earnings, December 31 2016 2015 $2,655,000 $2,400,000 300,000 280,000 $2,955,000 $2,680,000 $15,000 $15,000 $25,000 $2,930,000 $2,655,000 10,000 $25,000 10,000 Bettancort Inc. Comparative Income Statement For the Years Ended December 31, 2016 and 2015
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