ABC Company data:SalesVariable and fixed costs both +6so0o9s0000Beginning retained earningsDividends paid15000020000Ending retained Earnings?

Formula: Ending Retained Earnings = Beginning retained Earnings + net income - Dividends paid

Answered: ABC Company data: Sales 9s0000 Variable…

Business

Accounting

ABC Company data: Sales 9s0000 Variable and fixed costs both 468000 Beginning retained earnings 150000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 87PSB

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Question

ABC Company data:
Sales
Variable and fixed costs both +6so0o
9s0000
Beginning retained earnings
Dividends paid
150000
20000
Ending retained Earnings?

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