Question: Accumulated other comprehensive income relations Selected information based on the comparative balance sheets for MosTechi Corporation (MosTechi), a Japanese electronics manufacturer; appear neat for the
Accumulated other comprehensive income relations Selected information based on the comparative balance sheets for MosTechi Corporation (MosTechi), a Japanese electronics manufacturer; appear neat for the years ended March 31, 2008. 2007. and 2006. MosTechi applies U.S. GAAP and reports its results in millions of yen (¥). MosTechi's Other Comprehensive Income for 2007 was ¥229,238; in 2008 ii was ¥40,944. During 2008 MosTechi had Net Income of ¥126,328 and declared and paid dividends of ¥25,042. During 2008 MosTechi reported a ¥3,807 decrease to Retained Earnings to adjust for the cumulative effect of an accounting change. Compute the missing amounts for each of the threeyears.
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MosTechi Corporation Balance Sheet Data March 31, 2008, 2007, and 2006 March 31 2008 2007 2006 * 624,124 * 621,709 * 626,907 Common Stock Accumulated Other Comprehensive Income. Retained Earnings, . 1,602,654 1,506,082 Treasury Stock Additional Paid-In Capital Total Shareholders' Equity (3,127) (6,000) 1,143,423 1,136,638 1,134,222 2,870,338 3,351,500
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