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undefined Judd Enterprises These are the simplified financial statements for Judd Enterprises. Income statement Current Projected Sales 1,000 na Costs na 700 Profit before tax

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Judd Enterprises These are the simplified financial statements for Judd Enterprises. Income statement Current Projected Sales 1,000 na Costs na 700 Profit before tax na 300 Taxes na 90 Net income na 210 Dividends na 105 Balance sheets Current Current Projected 100 Projected 70 Current assets 115 Current liabilities 81 Net fixed assets 900 1,080 Long-term debt 400 Common stock 300 Retained earnings 230 Refer to the Judd Enterprises financial statements. What is Judd's projected retained earnings under this plan? a. $440 b. $356 c. $335 d. $377 e. $415

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