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Worldwide Widget Manufacturing, Inc. Statement of Retained Earnings as of December 31, 2015 (in millions of dollars) Balance of retained earnings, December 31,2014 $1,142 Plus:
Worldwide Widget Manufacturing, Inc.
Statement of Retained Earnings as of December 31, 2015 (in millions of dollars)
Balance of retained earnings, December 31,2014 $1,142
Plus: Net income for 2015 w.?
Less: Cash dividends paid 0 0
Preferred stock x.?
Common Stock 219
Total cash dividends paid 317
Balance of retained earnings, December 31,2015 $1,489
w. Plus: Net income for 2015 _______
x. Preferred stock _______
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