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Question #2 (10 marks) The following information is selected from the balance sheet and income statement for Meagan Inc. Solve for the missing amounts. R/E
Question #2 (10 marks) The following information is selected from the balance sheet and income statement for Meagan Inc. Solve for the missing amounts. R/E (beginning) NI DIV Current assets (CA) Noncurrent assets Total assets (TA) Current liabilities (CL) Noncurrent liabilities Contributed capital R/E (ending) Total equity (TE) Total liabilities (TL) + Total equity (TE) Working Capital (CA - CL] Year 2018 $3,600 310 78 5,572 B 4,790 D E 6,282 F 1,970 Note: Total equity = Contributed capital + earned capital
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