Given The Following Information For Sandstone Inc Net Income 300 000 Beginning O

Given the following information for Sandstone, Inc.: net income= $300,000; beginning of year retained earnings= $80,000; common stock dividends paid per year = $64,000. Compute the end of year retained earnings.

a) $316,000

b) $444,000

c) $236,000

d) $284,000

e) $0

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply