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Statement of Stockholder's Equity Using a cell reference, show the Net Income under the Retained Earnings column. Use a cell reference to display the Net
Statement of Stockholder's Equity Using a cell reference, show the Net Income under the Retained Earnings column. Use a cell reference to display the Net Income value you produced in letter a. under the Total column. Solve for the missing Dividends Declared under the Retained Earnings column. b. d. Use a cell reference to display the Dividends Declared value you calculated in letter c. under the Total column. Use a SUM function to calculate the Total Stockholder's Equity. e. Great Taste Restaurants Inc. Statement of Stockholders' Equity For the year ended December 31, 2016 Common Stock S 50,000 Paid-in Capital Retained Earnings 400,000 S 800,000S 0 Total 1.250,000 S Beginning January 1, 2016 Stock Issuance Net Income Dividends Declared Balance December 31, 2016 S 50,000 S 400,000 S 1,162,500 Statement of Stockholder's Equity Using a cell reference, show the Net Income under the Retained Earnings column. Use a cell reference to display the Net Income value you produced in letter a. under the Total column. Solve for the missing Dividends Declared under the Retained Earnings column. b. d. Use a cell reference to display the Dividends Declared value you calculated in letter c. under the Total column. Use a SUM function to calculate the Total Stockholder's Equity. e. Great Taste Restaurants Inc. Statement of Stockholders' Equity For the year ended December 31, 2016 Common Stock S 50,000 Paid-in Capital Retained Earnings 400,000 S 800,000S 0 Total 1.250,000 S Beginning January 1, 2016 Stock Issuance Net Income Dividends Declared Balance December 31, 2016 S 50,000 S 400,000 S 1,162,500
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