What is the ending retained earnings balance

Assignment Help Financial Accounting

Reference no: EM13788952

Sooner Company has had a net income of $6,200, $4,800, $9,300, and $10,300 over the first four years of the company's existence. If the average annual amount of dividends paid over the last four years is $3,000, what is the ending retained earnings balance?

Reference no: EM13788952

Questions Cloud

Write about court says fetal alchohol syndrome is not crime : Write a paper about The article "Court Says Fetal Alchohol Syndrome Isn't a Crime" by Elizabeth Picciuto.

Summarize the occupational and safety and health law : Summarize the Occupational and Safety and Health Law (OSHA). Then describe the workplace security steps you have experienced in the workplace

Computed a project profitability index-investment project : If a company has computed a project profitability index of -0.015 for an investment project, then:

Diversification benefits the investor : Assess how diversification benefits the investor. Can you imagine circumstances where an investor would not want to diversify? Discuss why or why not.

What is the ending retained earnings balance : Sooner Company has had a net income of $6,200, $4,800, $9,300, and $10,300 over the first four years of the company's existence. If the average annual amount of dividends paid over the last four years is $3,000, what is the ending retained earnings b..

Describe unethical behavior in a company : Describe unethical behavior in a company regarding practices such as hiring, recruitment, discrimination, harassment, promotions, bookkeeping, etc. that either you or someone you know experienced

What is the original return on investment : What is the original return on investment (ROI) for Johnson Ceramics (before making any additional investment)? What would the ROI be for Johnson Ceramics if the investment opportunity were undertaken? Would the manager of the Johnson Ceramics divisi..

Discrete and continuous probability distributions : Provide some examples of discrete and continuous variables. What attributes of these variables make them discrete and continuous? Why?

What is a gene describe the function : Normal 0 false false false EN-US X-NONE X-NONE What is a gene? Describe the ..

User Account

All Pages