Jamaican Ice Cream Corp

question 117

Multiple Choice

Jamaican Ice Cream Corp. started the year with a balance of retained earnings of $100 million. The company reported net income for the year of $45 million, paid dividends of $2 million to the preferred stockholders and $15 million to common stockholders. What is Jamaican Ice Cream's end of year balance in retained earnings?

• A) $38 million
• B) $55 million
• C) $128 million
• D) $162 million

Understand the function and implementation of Delete queries.

Recognize the role of joins in querying related tables.

Grasp the concept and execution of Update queries for modifying table data.

Comprehend the process and need for Make-Table queries in creating new tables.

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