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We currently have balances of $42,677 in Common Stock and $56,272 in Retained Earnings. The board has been modeling different scenarios to assess their impact
We currently have balances of $42,677 in Common Stock and $56,272 in Retained Earnings. The board has been modeling different scenarios to assess their impact on our balance sheet next year. If we generate $45,018 in net profit next year, as well as declare and pay $32,008 in dividends, what will our ending balance in retained earnings be next year? Sincerely, Ronald Ronald Jefferson Board Member, Accounting \& Finance | Andrews Corporation $155,221 $143,967 $69,282 $133,297
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