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Nineteen Measures of Solvency and Profitability The comparative inancial statements of Blige Inc. are as follows. The market price of Bilige Inc common stock was
Nineteen Measures of Solvency and Profitability The comparative inancial statements of Blige Inc. are as follows. The market price of Bilige Inc common stock was $56 on December 31, 2016 Blige Inc Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2015 $786,000 161,000 947,000 2016 $921,800 201,600 $1,123,400 Retained earnings, January 1 Add net income for year Deduct dividends $6,300 18,900 $25,200 $1,098,200 $6,300 18,900 $25,200 921,800 On preferred stock On common stock Retained earnings, December 31 Blige InC. Comparative Income Statement For the Years Ended December 31, 2016 and 2015 All work saved MacBook Pr 5 6 8 9
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