Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN: 9781305654174
Author: Gary A. Porter, Curtis L. Norton
Publisher: Cengage Learning
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Chapter 1, Problem 1.8AP

Statement of Retained Earnings for Brunswick Corporation

Brunswick Corporation reported the following amounts in various statements included in its

Form 10-K for the year ended December 31, 2013. (All amounts are stated in millions of dollars.)

Chapter 1, Problem 1.8AP, Statement of Retained Earnings for Brunswick Corporation Brunswick Corporation reported the

Required

  1. Prepare a statement of retained earnings for Brunswick Corporation for the year ended December 31, 2013.
  2. Brunswick does not actually present a statement of retained earnings in its annual report. Instead, it presents a broader statement of shareholders’ equity. Describe the information that would be included on this statement that is not included on a statement of retained earnings.

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Financial Accounting: The Impact on Decision Makers

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