Below Is Information Related to Retained Earnings for Five Independent

question 39

Essay

Below is information related to retained earnings for five independent situations.Calculate the answer to each.
1.A company reports an increase in retained earnings of $3,200 and net income of $4,800.What is the amount of dividends?
2.A company reports beginning retained earnings of $1,800,net income of $1,200,and $200 dividends.What is the amount of ending retained earnings?
3.A company reports an increase in retained earnings of $2,500 and dividends of $1,500.What is the amount of net income?
4.A company reports ending retained earnings of $2,700,net income of $900,and dividends of $500.What is the amount of beginning retained earnings?
5.A company reports an increase in retained earnings of $500 and net income of $1,200.What is the amount of dividends?

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Definitions:

Marketing Chain

The series of processes and activities involved in moving a product from producer to consumer, including distribution and selling.

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, such as a manufacturer merging with a supplier.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.