In its most recent financial statement, Robredo , Inc. reported  P50,000,000 of net income and P810,000,000 of retained earnings. The previous retained earnings were P780,000,000. How much in dividends were paid to shareholders during the year? assume that all  dividends declared were actually paid.

Q: Millers company had retained earnings of $85,000 and stockholders' equity of $105,000 at the…

A: Equity statement: It refers to a financial statement that shows the total equity of the business…

Q: A recent annual report for Wilmington, Inc. contained the following information: Retained earnings…

A: Retained earnings represent the earnings accumulated over a period of time.

Q: The Harbinger Corporation reported net income of $6 million and total assets of $7 million in its…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

Q: At the beginning of the current year, Soron Corporation had 200,000 shares of $1 par common stock…

A: Retained earnings are the amount which was retained by the company after all of its expenses…

Q: In its most recent financial statements, Nessler Inc. reported $35 million of net income and $420…

A: The term retained earnings refer to the amount of net income that is distributed among the…

Q: The following information pertains to Marsh Company for the current! year: Average total assets,…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $1,045…

A: Retained Earnings is the amount of earnings that is accumulated and that is attributable to the…

Q: In its most recent financial statements, ABC reported 28,000 of net income and 361,000 of retained…

A: Given: Net income $28,000 Ending retained earnings $361,000 Beginning retained earnings $353,000

Q: Schaeffer Corporation reports $50 million accumulated other comprehensive income in its balance…

A: Comprehensive income: Comprehensive income represents the amount of net income plus other…

Q: During the current year, the total assets of Mifflinburg Corporation decreased by $60,000 and…

A: Accounting equation reflects the double entry system of accounting in the books of company. It is…

Q: A recent annual report for Wilmington, Inc. contained the following information: Retained earnings…

A: Number of shares issued at the end of the current year = Common Stock account totaled at the end of…

Q: On 12/31/18, Hairs Industries Inc. reported retained earnings of $675,000 on its balance sheet, and…

A: The dividend is paid from the profits earned during the year.

Q: uperior has provided the following information for its recent year of operation: The common stock…

A: Change in retained earnings=Year end balance-Beginning balance=$91,000-$70,000=$21,000

Q: #22 At the beginning of the current year, Flor company had retained earnings of P4,800,000. During…

A: Retained Earnings - Retained Earnings is the amount accumulated by the company over a period of…

Q: Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid…

A: Given the following information: Additions to retained earnings: $285,000 Dividends paid in cash:…

Q: The following information relates to the Bondoc Corporation: Sales Revenue 9,000,000 Net assets,…

A: Amount of dividends paid during the year = Net assets, beginning of the year + Additional Investment…

Q: Ullrich Printing Inc. paid out $20,850 of common dividends during the year. It ended the year with…

A: Net income = Dividend Paid + Increase in retain earnings

Q: Given the information below for ATH Corp., what was the amount of Dividends declared during the…

A: Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividend Declared

Q: Reliable Corporation had sales of $61,122,248, cost of goods sold of $24,201,696, operating expenses…

A: Given: Reliable Corporation had sales of $60,257,593, cost of goods sold of $24,092,883, operating…

Q: On 12/31/18, Hite Industries reported retained earnings of $475,000 on its balance sheet, and it…

A: Closing Retained Earnings = Opening Retained Earnings + Net Income during the year - Dividends paid…

Q: KJ Inc. just reported a net income of 630 in its most recent year and paid a dividend of 390. If the…

A: Ending Balance of Retained Earnings = Beginning Balance + Net Income - Dividend

Q: In its most recent financial statements, Nessler Inc. reported $80 million of net income and $1,440…

A: Given that the net income in the current year is $80 millionRetained earnings in the current year is…

Q: n its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and…

A: Here, we need to find the amount of dividend paid to shareholders.  The formula to calculate the…

Q: Last year Kendall Enterprises (KE) had earnings per share of $5 and dividends per share of $2. Total…

A: Here, Earning Per Share is $5 Dividend Per Share is $2 Increase in Retained Earnings is $12 million…

Q: In its most recent financial statements, Del-Castillo Inc. reported $70 millionof net income and…

A: net income  = $70 million retained earnings = $900 million   previous year retained earnings =…

Q: amount of Dividends declared during the current period?

A:

Q: The West Hanover Clay Co. had, at the beginning of the fiscal year, November 1, 2013, retained…

A: Retained earnings Retained earnings refer to the left-out profits of a company after paying all the…

Q: For the most recent year, Camargo, Inc., had sales of $562,000, cost of goods sold of $248,050,…

A: The times interest earned ratio, also known as the interest coverage ratio, shows a company's…

Q: Given the information below for ATH Corp., what was the amount of Dividends declared during the…

A: Amount of Dividends declared during the current period = Beginning Retained Earnings + Net Income -…

Q: Riley Company paid cash dividends of P840,000 and reported net income of P2,170,000. The ordinary…

A: Book value of ordinary share is the the total ordinary shareholders equity plus net income less cash…

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $605…

A: Retained earnings are the cumulation of net income that remains after paying the dividends to the…

Q: In its most recent financial statements, Del-Castillo Inc. reported $35 million of net income and…

A: Dividend: It is the  distribution of profits  to its investors once  profit is earned by a…

Q: Electronic world inc paid out $24 million in total common dividends and reported $255.6 million of…

A: Net Income of a company is derived after deducting all the cost or expenses of the company along…

Q: Cell Enterprise Corporation reported $55 million of net income and $320 million of retained earnings…

A: Given, Net income = $55 million Ending Retained earnings = $320 million Beginning retained earnings…

Q: In its recent income statement, Smith Software Inc. reported $11 million of net income, and in its…

A: Retained earning means from the total profits and available…

Q: The following were reflected from the records of Bulldogs Inc.: Earnings before interest and taxes…

A: Earnings before tax = Earnings before interest and taxes - interest expense = P1250000 - 250000 =…

Q: In its most recent financial statements, Del-Castillo Inc. reported $60 million of net income and…

A: The companies that are financed with equity do not pay all their earnings to shareholders as…

Q: 3. The Corporation's net operating income last year was P103,000; its interest expense was P17,000;…

A: Times-Interest Earned Ratio refers to the ratio which measures the ability of the company in meeting…

Q: The opening balance of retained earnings for a company was $1328424. During the year it earned a net…

A: Lets understand the basics. Retained earning is a earning retained from the net income eared.…

Q: Requirements 1. Compute the average ordinary shares outstanding 2. Present the basic earnings per…

A: Average ordinary shares outstanding refers to the total number of common shares that a company…

Q: maynard enterprise paid $1,720 in dividends and $1,655 in interest over the past year. the common…

A: Dividend per share refers to the amount of the net income which is paid to the equity shareholders.…

Q: In its Year 6 annual report, Sally Inc. reported net earnings of $4,242 million and dividends paid…

A: Forecast dividends on the basis of last year dividend to sales ratio

Q: In its most recent financial statements, Nessler Inc. reported $60 million of net income and $660…

A: Equity capital is the funds invested by the owners of the company. The equity holders of the owners…