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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-..
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-.. 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 recelved dividends 3. Compute the ROE ratio for the current year, assuming total stockholders' equity was $637,000 on December 31 of the previous year. Complete this question by entering your answers in the tabs below, Prepare the statement of retained earnings for the year ended December 31. Prepare the stockholders' equity section of the balance sheet at December 31 . (Amounts to be deducted should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Determine the number of shares of stock that recelved 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 5637,000 on December 31 of the previous year. (Round your answer to 1 decimal place.)
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