Question
Part (II) 8 points 1) Presented below are data for XYZ Corp. 2011 2012 2013 Assets, January 1 $2,800 $3,360 ? Liabilities, January 1 ?
Part (II) 8 points 1) Presented below are data for XYZ Corp. 2011 2012 2013 Assets, January 1 $2,800 $3,360 ? Liabilities, January 1 ? ? $2,016 Shareholders' Equity, Jan. 1 ? ? 2,100 Dividends 560 420 476 Increase in Share capitalordinary 504 448 500 Shareholders' Equity, Dec. 31 ? ? 1,596 Net Income 560 448 ? Liabilities at Jan.,1 , 2012 is : ($.) 2) For the year ended December 31, 2011, JADARA Inc. reported the following: Net income $ 55000 Preference dividends declared 10,000 Ordinary share dividends declared 2,000 Unrealized holding gain, net of tax 1,000 Retained earnings, beginning balance 80,000 Share capital Ordinary 40,000 Treasury shares (4000shares). .2000 Accumulated Other Comprehensive Income, Beginning Balance 5,000 What would JADARA Inc. report as total stockholders' equity? ($) The following information related National United : 2017 2018 2019 Net income $ ? $1200 $1420 Total assets 40000 42000 45000 Total Owners Equity ? 21000 22000 Retained Earnings ? 890 780 Dividends decaled during the year 1090 0.0 ? *on Jan.15/ 2017 Company declared and paid the whole balance of retained earnings as cash dividends. But did not declare dividends during 2018. Find the following amounts: 3) Net Income for 2017 ( ). 4) Dividends declared during 2019 ( )
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