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The following information is available for three companies (Click the icon to view the financial information.) Garnet Co. Lowell, Inc. Bryant Corp. $ 75 $
The following information is available for three companies (Click the icon to view the financial information.) Garnet Co. Lowell, Inc. Bryant Corp. $ 75 $ 45 Beginning Assets Liabilities Common stock Retained earnings 23 1 48 3 5 4 17 13 $ 21 Ending Assets Liabilities Common stock Retained earnings 64 $ 35 49 3 3 34 GA $ 40 Income statement Revenues Expenses Net income 223 207 162 24 $ 17 $ 13 Statement of retained earnings Beginning RE $ + Net income - Dividends $ = Ending RE 26 (21) 5 0 (6) 34 $ 22 $ 18
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