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The informatio then ended for three firms n presented here represents selected data from the December 31, 2016, balance sheets and income statements for the
The informatio then ended for three firms n presented here represents selected data from the December 31, 2016, balance sheets and income statements for the year Required: Calculate the missing amounts for each firm. Firm AFirm B Firm C Total assets, 12/31/16 Total labilities, 12/31/16 Paid-in capital, 12/31/16 Retained earnings, 12/31/16 Net income for 2016 Dividends declared and paid during 2016 Retained earnings, 1/1/16 391,500 s 468.000 184.500 72.000 49.500 53,100128,000 167,400 61.200 9.000 72.900 10,800 25,200 45,000111,500
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