Thursday
November 27, 2014

Homework Help: Fin 324

Posted by Jodie on Saturday, March 12, 2011 at 12:50am.

Income and retained earnings relationships: Assume that retained earnings increased by $375,000 from December 31, 2008 to December 31, 2009, for jarvie Distribution Corporation. During the year, a cash dividend of $135,000 was paid.

1. Compute the net income for the year
2. Assume that the revenues for the year were $830,000. Compute the expenses incurred for the year."

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Please computate retained earnings During 2009, Edgemont ...
Finance - Johnson Alarm Systems had 800,000 of retained earnings on December 31...
Finance - Trying to figure out how to do problems like these. So confused! 1. ...
Intermediate Accounting - Information relating to the capital structure of Parke...
accounting - Davis Company was started on January 1, 2012. During the month of ...
Accounting - How do you calculate the 'Capital stock at the end of the year' ...
Accounting - Does retained earnings include investment capital? I thought no. I ...
accounting - PA11-4 Comparing Stock and Cash Dividends [LO2, LO3, LO4] Ritz ...
Finance - Fine Breads Inc. paid out $26,000 common dividends during 2005, and it...
Accounting - O' Hara Company began operations on December 1, 2011. Presented ...

Search
Members