3 years ago

The following information pertains to Alpha Computing at the end of 2015:

Business

1 answer:

vlada-n [284]3 years ago

8 0

Answer:

Dividens paid in 2015: $85.000

Explanation:

TOTAL ASSETS 972.500

TOTAL LIABILITIES 450.000

Common Stock $ 370.000

Retained Earnings $ 152.500

TOTAL EQUITY $ 522.500

Retained Earnings Report

Opening retained earnings $ 0

Add: Net Income $ 237.500

Subtotal $ 237.500

Less: Dividens -$ 85.000

Total $ 152.500

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