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hram777 [196]
3 years ago
13

Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $77.152 million Cash of $6.030 millio

n Total Assets of $125.989 million Total Common Stock of $3.810 million. What were the Digby Corporation's retained earnings
Business
1 answer:
jonny [76]3 years ago
5 0

Answer:

$45.027 million

Explanation:

The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as

Assets = Liabilities + Equity

The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).

Equity = $125.989 million - $77.152 million

= $48.837  million

Retained earnings = Equity - Common stock

= $48.837  million - $3.810 million

= $45.027 million

Digby Corporation's retained earnings is $45.027 million

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ioda

Answer:

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Explanation:

These are international forces which are part of the organization environment in which the organization grows. These rapidly the companies the way it trades in the national and international environment. What do you think if till today a company is still manufacturing ambassador car with the same old technology, will you buy? Of course not because its speed is below 72mph and that it is very uncomfortable and also that young generation don't like it. Furthermore these are the things which are present in the organization environment and need to be tackled by the company by enhancement in its processes and adopting to change. In cold wear dresses that keeps you body temperature in control.

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<h3>What is saving?</h3>

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In the above situation, it is clearly mentioned that if any member would return the item which costs above $100, then he would save $5. So here the item which the member is returning is above $100 then, the member would save $5.

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Therefore, the member will save $5, on returning the item.

To learn more about saving, refer to:

brainly.com/question/7965246

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True.

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Ano ang kasingkahulugan ng naalimpungatan.​
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Im sorry , i don’t understand .
but have a good day <33
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