Answer:
69
Step-by-step explanation:
69
2x+1=10 (b/c divide both sides by 5
2x=9
x=4.5
Use BODMAS, this is the order in which you must
1. Brackets
2. Divide
3. Multiply
4. Add
5. Subtract
therefore 2x2+2x2-2+2x2=10
Answer:
Amount of retained earnings at the end of Year 1 was $8,550
Step-by-step explanation:
In Year 1
net income= $21,100
dividends = $12,550
In Year 2
Net income = $35,100
Paid dividends = $5,550
At the end of Year 1, the company had total assets of $161,000
At the end of Year 2, the company had total assets of $ $251,000
Retained Earning at the end of Year 1 = Opening balance + Net Income - Dividend paid
Retained Earning at the end of Year 1 = 0 + 21,100 - 12,550 = 8550
