Waterway Industries began the year 2022 with retained earnings of $657000. During the year, the company sold additional shares of stock for $1018000, recorded revenues of $632000, expenses of $385000, and paid dividends of $131000. What was Waterway's retained earnings balance at the end of 2022? $1035000 $1158000 $632000 $773000 Sheridan Company has current assets of $1670000 and current liabilities of $640000. If they issue $155000 of new stock, what will their new current ratio be?(rounded) 2.4:1 2.9:1 2.3:1 2.6:1 The following information is available for Nash's Trading Post, LLC for the year 2022: (in million) Cash receipts from operating activities $580 Cash payments from operating activities | $180 Net cash used by investing $160 Net cash provided by financing $560 Net increase in cash and equivalents Cash and equivalents at start of year $410 Cash and equivalents at year-end What is the net increase in cash and equivalents for the year? $1530 $390 $1120 $800 The following information is available for Vaughn Manufacturing and Tamarisk, Inc.: Tamarisk, Inc. (in millions) Vaughn Manufacturing 2022 2021 26 11 2022 2021 Preferred dividends 31 Net income 545 485 490 565 Shares outstanding at the end of the year 195 185 160 195 Shares outstanding at the beginning of the year 185 160 195 210 Based on this information, what is the amount of Vaughn Manufacturing earnings per share (rounded to two decimals) for 2022? $1.55 $2.73 $1.37 $2.99 During January 2022, Blue Spruce Corp. paid a cash dividends of $2320. This transaction reduces stockholders' equity by $2320. increases stockholders' equity by $2320. increases expenses by $2320. reduces net income by $2320