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Question 2 1 pts On June 1 Acme Inc. has retained Earnings of 71,575. Net Income for June was 20,405. In June the company paid
Question 2 1 pts On June 1 Acme Inc. has retained Earnings of 71,575. Net Income for June was 20,405. In June the company paid out a total of 7.781 in dividends to its shareholders. What is the value of Retained Earnings on June 302 Question 3 1 pts Acme Inc. has Assets of $292,044 and Liabilities of $76,135. The firm has 10,500 shares of stock outstanding. Then the board decides to pay a dividend of $6 per share What is the value of Stockholders' Equity after the payment of the dividend? Enter the value in whole numbers with no decimals. The formula for the accounting equation is simple and something that students should know from memory, therefore it is not given. D Question 4 1 pts On June 1 Acme Inc. has retained Earnings of $42.604. in June the firm sold $11.493 In additional capital stock for cash. In June the form obtained an interest free loan of $17.257 from one of the stockholders. Revenues for June were 515.817. Expenses for June were $11,335 in June the company paid out a total of $1.354 in dividends to its shareholders. What is the value of Retained Earnings on June 302
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