What is the amount of dividends

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Question: Below is information related to retained earnings for five companies.

1. Coca-Cola reports an increase in retained earnings of $2.2 billion and net income of $4.9 billion. What is the amount of dividends?

2. Pepsico reports an increase in retained earnings of $2.4 billion and dividends of $1.6 billion. What is the amount of net income?

3. Google reports an increase in retained earnings of $1.5 billion and net income of $1.5 billion. What is the amount of dividends?

4. Sirius Satellite Radio reports beginning retained earnings of -$1.8 billion, net loss of $0.9 billion, and $0 dividends. What is the amount of ending retained earnings?

5. Abercrombie & Fitch reports ending retained earnings of $1.36 billion, net income of $0.33 billion, and dividends of $0.05 billion. What is the amount of beginning retained earnings?

Required: Calculate the answer to each.

Reference no: EM131519252

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