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Platypus Corporation started the year with $ 1 0 0 , 0 0 0 in their retained earnings account. During the year, the company earned
Platypus Corporation started the year with $ in their retained earnings account. During the year, the company earned $ of net income and declared dividends of $ Calculate the company's ending retained earnings balance.
tableBeginning Retained EarningsEnding Retained Earnings
What makes retained earnings go up
What makes retained earnings go down?
Using the information from above and the information provided below, answer the following questions.
tableCommon Stock, $ par,$Preferred Stock, $ par,$Treasury Stock, common shares$Paidin Capital in Excess of Par Value, Common Stock,$Paidin Capital in Excess of Par Value, Preferred Stock,$Paidin Capital, Treasury Stock,$
a How many shares of common stock are issued?
b How many shares of common stock are outstanding?
c What is the company's total paidin capital?
d What is the company's total stockholders' equity?
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