Global Inc

question 159

Multiple Choice

Global Inc.had net income for 2015 of $24,000.It declared and paid a $13,000 cash dividend in 2015.If the company's retained earnings for the end of the year was $39,600, what was the company's retained earnings balance at the beginning of 2015?

• A)$28,600
• B)$50,600
• C)$76,600
• D)$2,600

Assess the implications of financing decisions on financial ratios and company valuation.

Distinguish between the effects of various types of liabilities and equity on company's financial structure and ratios.

Evaluate the significance of earnings per share in determining a company's profitability and attractiveness to investors.

Understand the calculation of returns, specifically return on total assets and return on equity, and their relevance to overall financial performance.

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Definitions:

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