TOTAL RETAINED EARNINGS
Q: What do the Retained earnings represent?
A: Financial Statement: They are annual reports of an organization summarizing the financial…
Q: The first item appearing on the statement of retained earnings is net income the ending balance of…
A: Retained Earnings is the collection of all those earnings which get from the running operations of…
Q: How does retained earnings increase? What are the two ways that retained earnings decreases?
A: Retained earnings is a reserve kept aside from the surplus income earned to use it for re investment…
Q: Accounts payable Income tax payable Other liabilities Total liabilities Common stock Retained…
A: >Financial Statements are prepared at the end of accounting period, and these include: #1:…
Q: Define retained earnings.
A: Definition: Balance sheet: This financial statement reports a company’s resources (assets) and…
Q: What is retained earning
A: The retained earnings which is also known as ploughed back profit is expalined…
Q: Net income appears on which financial statement(s)?a. Balance sheetb. Income statementc. Statement…
A: Financial Statement: A financial statement is the complete record of financial transactions that…
Q: List down the amounts of Beginning Retained Earning, Net Profits, Dividends paid and Ending Retained…
A: The Beginning Retained Earning, Net Profits, Dividends paid and Ending Retained Earning for both…
Q: How much is the consolidated retained earnings?
A:
Q: Why do changes in retained earnings occur?
A: Introduction: Retained earnings are nothing but the accumulated profits that the corporation keeps…
Q: on which date is retained earnings decreased and liabilities increased?
A: Dividend will have a declaration date, record date and payment date. On declaration date dividend is…
Q: What major items are included in the Retained Earnings Statement?
A: Retained earnings statement is financial statements that states firm income after every payment.…
Q: Are retained earnings apart of the companys net assets
A: Net assets of the company= Total Assets of the company minus its liabilities. Retained earnings is…
Q: How does retained earnings increase? What are the two ways that retained earnings decrease?
A: Retained earnings get increased if company generates net income.Retained earnings get decrease if…
Q: Define each of the following terms:b. Common stockholders’ equity, or net worth; retained earnings
A: Common stockholders' equity or net worth: Common stockholders' equity or net worth is the capital…
Q: Prepare a retained earnings statement.
A:
Q: balance in the Retained earnings
A: Retained earning is the sum of holding in a company that have left after paying all direct and…
Q: In a Statement of Retained Earnings, which statement is correct?
A: Retained earnings represent the earnings of the company accumulated over a period of time. The…
Q: Briefly explain the following: Balance Sheet Income Statement Statement of Changes in Financial…
A: Balance sheet: Balance sheet is a main part of financial statement. It shows as on date financial…
Q: how are paid in capital an retained earnings similar
A: Capital: Capital is the portion of investment done by the owners of the company as Paid-in capital.…
Q: how do i calculate retained earnings
A: Retained earnings: Retained earnings are that portion of profits which are earned by a company but…
Q: TRUE OR FALSE? Dividends declared is an addition to retained earnings beginning to compute for the…
A: Retained earnings ending balance is computed using , Retained earnings beginning balance Net Income…
Q: diluted earnings per share?
A: Diluted Earning Per Share (Diluted EPS) is a financial ratio to check the quality of the Earnings…
Q: On which financial statement would the Dividends account appear
A: The Dividend account is appear on the statement of retained earnings.
Q: Define Statement of retained earnings
A: The statement of retained earnings is a statement that depicts the amount of profit retained by the…
Q: Stockholders' equity can be described as debtor claim on total assets. creditorship claim on total…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: how do i find change in retained earnings
A: 1. Retained Earnings - Retained Earnings is the retained accumulated profit of the company over the…
Q: How to journalize retained earnings and dividends?
A: The transactions which the company involved into are to be entered in the primary book called…
Q: Define the following. a. Retained earnings? b. Goodwill? c. Investing activities?
A: a. Retained earnings: The amount of earnings undistributed as dividends to the stockholders is…
Q: How can the retained earnings indicate the number of assets that the company has financed?
A: Retained Earnings: It is the amount which is earned by the company as a profit from business…
Q: Prepare the statement of retained earnings with the information attached.
A: Net Income= Income statement Cr balance - Income statement Dr balance =4,089,385 - 3,839,997…
Q: of Retained Earnings,
A: Retained earnings represent the earnings of the company accumulated over a period of time. The…
Q: retained earnings is accurately described by all except which of the following statements?
A: The dividends which are declared are deducted from the earnings which are retained. When the…
Q: Determine the earnings per share
A: Earning per share is the earning of equity shareholders. It is available after paying all interest…
Q: How do you calculate net income if retained earning and dividend is given?
A: Net Income = Ending retained earnings - Beginning retained earnings + Dividend
Q: retained earnings statement
A: Retained Earnings is a part of shareholders' equity to be reported under the Liabilities and…
Q: Retained earnings
A: Retained earnings are the profit accumulated over a period of time. The closing retained earnings…
Q: Define earnings per share (EPS). For which income statement items must EPS be disclosed?
A: Earnings: The term earnings refer to the amount of money the company had earned during a particular…
Q: Identify the different types of dividends. How much is debited to Retained Earnings upon declaration…
A: Types of dividend:- (1)Stock dividend:-stock dividend is issued by the company its common stock…
Q: What is the value to be filled in Retained earnings. Prepare income statement , Balance sheet.
A: Formula: Net income = Total Revenues - Total expenses
Q: What is Ending retained earnings?
A: Retained earnings: Retained earnings are the portion of earnings kept by the business for the…
Q: calculate retained earnings end of current period shareholders equity
A: In order to calculate retained earning at the end of current period we need to calculate net income…
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- Sandhill Co. reported the following information for 2020: Sales revenue $2520000 Cost of goods sold 1748000 Operating expenses 282000 Unrealized holding gain on available-for-sale securities 85700 Cash dividends received on the securities 9200 For 2020, Sandhill would report comprehensive income of A.$85700. B.$499200. C.$575700. D.$584900.Cullumber Corporation reported the following information for 2021: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $1034000 For 2021, Cullumber would report comprehensive income of $241956. $237820. $200596. O $41360. 723800 113740 41360 4136The following information pertains to BT21 Co. for the year.· Net assets, Jan.1, 2021- P1,008,480· Net assets, Dec. 31. 2021- P2,112,960· Share capital issued in 2021- P335,520· Dividends declared in 2021- P195,120How much is the profit (loss)?
- Revenue Cost of goods sold Interest expense Income tax expense Net income Current assets (ending balance) Long-term assets (ending balance) Total assets (ending balance) Current liabilities (ending balance) Long-term liabilities (ending balance) Total liabilities (ending balance) Preferred dividends Total stockholders' equity (ending balance) Total outstanding shares Market price of shares Average inventory Average assets (excluding long-term investments) Average total assets Average total stockholders' equity Question 6 2021 2020 2019 2018 2017 10,901,977.24 7,508,199.16 5,727,216.00 3,941,696.00 3,011,800.00 2,061,536.40 1,374,357.60 1,025,640.00 683,760.00 518,000.00 1,052,060.00 891,576.00 768,600.00 610,000.00 500,000.00 1,225,572.00 845,222.00 640,320.00 441,600.00 320,000.00 5,571,720.00 3,714,480.00 2,772,000.00 1,848,000.00 1,400,000.00 11,751,396.40 9,039,535.60 68,480,133.20 5,035,392.00 4,060,800.00 6,091,200.00 17,627,094.60 13,559,303.40 102,720,199.80 7,553,088.00…Estimating Share Value Using the DCF Model Following are forecasts of Home Depot's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018. $ millions Sales NOPAT NOA Required Forecast Horizon Period Reported 2018 2019 2020 2021 2022 $106,039 $113,461 $121,404 $129,902 $138,995 11,832 12,708 13,598 14,549 15,567 25,035 26,785 28,660 30,666 32,813 Answer the following requirements assuming a discount rate (WACC) of 7.85%, a terminal period growth rate of 2%, common shares outstanding of 1,105 million, net nonoperating obligations (NNO) of $26,876 million. Terminal Period $141,776 15,879 33,469 Stock price per share: $ a. Estimate the value of a share of Home Depot's common stock using the discounted cash flow (DCF) model as of February 3, 2019. Note: Do not round until your final answer; round your final answer to two decimal places. b. Home Depot stock closed at $186.26 on March 28, 2019, the date the…Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes. Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets Sin Comparative Income Statements For Years Ended December 31 2021 $ 420,027 252,856 167,171 59,644 37,802 97,446 69,725 12,969 $ 56,756 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity Assets Current assets Long-term investments Plant assets, net. Total assets Liabilities and Equity Current liabaties Common stock Other paid-in capital Retained earnings Total liabilities and equity 2020 $ 321,775 202,718 KORBIN COMPANY Comparative Balance Sheets December 31 2021 119,057 44,405 28,316 72,721 46,336 9,499 $ 36,837 $ 55,286 0 102,674 $ 157,960 2020 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as answers to 2 decimal places.) 111.77 % 0.00 $ 37,003 700…
- Kate Company reported the following information for 2020: Sales Cost of goods sold Operating expenses Unrealized gain - FVOCI Cash dividends received on investment For 2020, Kate would report comprehensive income before tax of P1,170,000 O P200,000 P1,150,000 O P970,000 P5,000,000 3,500,000 550,000 200,000 20,000Estimating Share Value Using the DCF Model Following are forecasts of Home Depot's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018. Reported S millions 2018 Sales NOPAT NOA Forecast Horizon Period Terminal 2019 2020 2021 2022 Period $108,203 $115,777 $123,882 $132,553 $141,832 $144,669 12,073 12,967 13,875 14,846 15,885 16,203 27,332 29,245 31,292 33,483 34,152 25,546 Answer the following requirements assuming a discount rate (WACC) of 7.85%, a terminal period growth rate of 2%, common shares outstanding of 1,105 million, net nonoperating obligations (NNO) of $27,424 million. Required a. Estimate the value of a share of Home Depot's common stock using the discounted cash flow (DCF) model as of February 3, 2019. Note: Do not round until your final answer; round your final answer to two decimal places. Stock price per share: $ b. Home Depot stock closed at $190.06 on March 28, 2019, the date the…Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Inventory 12,500Total Assets in 2021 110,000Current Liabilities 40,000Total Assets in 2020 90,000Net Profit 12,000Shareholders' Equity 65,000 Select one:a. 0.12b. 0.10c. 0.18d. 0.13
- Sunland Company reported the following information for 2025: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale debt securities Cash dividends received on the securities O $490300. O $404600. $480700. $2420000 O $85700. 1754000 271000 85700 For 2025, Sunland would report comprehensive income (ignoring tax effects) of 9600DIRECTION: Compute the following PROFITABILITY RATIOS Gross Margin= Gross Profit/Net Sales Net Profit Margin= Net Profit/ Net Sales Return on Equity= Profit/Shareholder's Equity Return on Asset= Profit/Total Asset TREND ANALYSIS Net Income Growth Rate Total Assets Growth Rate And also compute the percentage beside the columns December 31, December 31, PERCENTAGE 2021 2020 USD USD Assets Current assets Cash and cash equivalents 34,115,412 25,681,845 Short-term financial instruments 71,417,748 80,798,680 Short-term financial assets at amortized cost 2,944,705 2,409,853 Short-term financial assets at fair value through profit or loss 35,624 62,452 Trade receivables 35,585,565 27,065,012 Non-trade receivables 3,930,828 3,150,548 Prepaid expenses 2,042,001 1,980,685 Inventories 36,172,043 28,007,314 Other current assets 4,441,629 3,281,589 Assets held-for-sale - 812,370 Total Current Assets…Significant changes to be made during the year are listed below: substantial investments in new product lines and in a modernization program, During the next fiscal year ending June 30, 2020, Texas Company will nake Sienificant changes to be made during the year are listed below: L Equipment with a net book value of P86,000 will be sold during the year. 2 All of the capital stock of Ohio Company will be exchanged with 5,000 shares of Texas Company at a time when the market value is P40 per share. P250,000 cash will also be given as part payment. 3. Bonds having a face value of P1,000,000 will be issued on June 30, 2020 at 98%. 4. Trading securities carried at market value of P200,000 will be sold for P215,000. 5. New equipment will be purchased during the year. 6. A new building will be purchased at a cost of P1,000,000, although there are no building retirements. 1. Cash dividends wil! be paid to stockholders. The financial statements forecast for the vear ended June 30, 2020 are…