Rattigan Industries Reported Net Income (Amounts in Thousands)for Year 4

question 11

Essay

Rattigan Industries reported net income (amounts in thousands)for Year 4 of $60,615 on sales of $1,560,235.It declared preferred dividends of $22,100.Preferred shareholders'
equity totaled $265,750 at both the beginning and end of Year 4.Common shareholders' equity totaled $298,150 at the beginning of Year 4 and $365,000 at the end of Year
4.Rattigan had no minority interest in its equity.Total assets were $1,440,000 at the beginning of Year 4 and $1,550,000 at the end of Year 4.

---

Definitions:

Client's Position

Refers to the specific legal situation, interests, and objectives of a client in a legal case.

Weaknesses

Areas of deficiency or vulnerability that can be exploited or may detract from effectiveness, oftentimes used in the context of strategic planning, security analysis, or personal development.

Objective Approach

A method of decision-making or analysis based on facts and evidence, devoid of personal feelings or bias.

Advocacy

The act of publicly supporting or recommending a particular cause or policy.