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The following account balances were selected from the records of beverage maker Blake Corporation at December 31 after all adjusting entries were completed: Required: 1-a.
The following account balances were selected from the records of beverage maker Blake Corporation at December 31 after all adjusting entries were completed: Required: 1-a. Prepare the statement of retained earnings for the year ended December 31. 1-b. Prepare the stockholders' equity section of the balance sheet at December 31. 2. Determine the number of shares of stock that received dividends. 3. Compute the ROE ratio for the current year, assuming total stockholders' equity was $627,000 on December 31 of the prev year. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the year ended December 31. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted shou by a minus sign.) Complete this question by entering your answers in the tabs below. Determine the number of shares of stock that received dividends. Complete this question by entering your answers in the tabs below. Compute the ROE ratio for the current year, assuming total stockholders' equity was $627,000 on previous year. (Round your answer to 1 decimal place.)
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