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Pint Item Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common
Pint Item Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $61 on December 31, 2016. Blige Inc. Compa rative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 016 2015 Retained earnings, January 1 Add net income for year Total Deduct dividends $1,313,300 $1,118,800 288,000 229,100 $1,601,300 $1,347,900 On preferred stock $9,100 25,500 34,600 $1,566,700 9,100 25,500 $34,600 $1,313,300 On common stock Total Retained earnings, December 31 Blige Inc. Comparative Income Statement For the Years Ended December 31, 2016 and 2015
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