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STATEMENT OF STOCKHOLDERS' EQUITY Beginning Balance Common Stock 1,199 Retained Earnings 2,589 Common Stock 160 Retained Earnings 937 Net Income (Net Loss) Dividends 100 II

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STATEMENT OF STOCKHOLDERS' EQUITY Beginning Balance Common Stock 1,199 Retained Earnings 2,589 Common Stock 160 Retained Earnings 937 Net Income (Net Loss) Dividends 100 II Ending Balance 1,199 669 Below is some information from the 2019 fiscal year financial statements of two different companies J.C. Penney Company, Inc. and TJX Companies, Inc. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in fiscal year 2019. Use the information provided to fill in the missing numbers (i.e., boxes) for each company. TIX JCPenney THE UNCOMPANIES INC INCOME STATEMENT Total Revenues 41,717 11,167 Total Expenses 11,435 Net Income/(Net Loss) 3,272 BALANCE SHEET Total Assets 24,145 Total Liabilities 7,160 Stockholders' Equity: Common Stock 160 Retained Earnings 4,749 10 Total Stockholders' Equity 5,948 Total Liabilities and Stockholders' Equity 7,989

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