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From the information provided, determine:
1.) The amount of retained earnings at December 31 and
2.) The amount of revenues for the period.
Additional data:
1.)Expenses for the period were $55,000;
2.) Dividends paid were $9,000;
3.) Capital stock increased by $20,000 during the period.
TOTALS JANUARY - DECEMBER 31
Current assets $15,000 - $25,000All other assets 240,000 - 220,000Liabilities 125,000 - 85,000Capital stock 70,000 - ?Retained earnings 60,000 - ?
Q. What do you mean by earnings per share? Anti-dilution - Condition which may increase computation of EARNINGS PER SHARE (EPS)or decrease loss per share solely due to the incl
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SYSTEM ONE-THE HEAD OFFICE MAINTAINS ALL THE ACCOUNTS This system is suitable for an enterprise that has small branches (possibly in another area of the town or city where the
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