Question 2 Not changed since last attempt Marked out of 9.00 Flag question Key Relations: Revenues, Expenses, Dividends, and Retained Earnings Compute the missing amounts (in millions) in the following table. (The balance in retained earnings at year-end 2012 was $2.2.) Hint: Dividends reduce the retained earnings account. Round answers one decimal place. 2010 2011 2012 Retained earnings (beginning) $1.0 $1.9 $ Revenues 11.9 11.9 Expenses 7.4 11.0 Dividends 0.6 0.6 8.9 Calculate expenses as a percentage of revenues for the three years. Round your answer to the nearest whole percentage (ex: 83%). 2010 2011 2012 96 96 96 Calculate net income as a percentage of revenues for the three years. Round your answer to the nearest whole percentage (ex: 83%). 2010 2011 2012 96 96 96