Question: Compute the missing amount (?) for each company-amounts in millions. At the end of the year, which company has the ¢ Highest net income? ¢
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At the end of the year, which company has the
¢ Highest net income?
¢ Highest percent of net income to revenues?
Crystal Co. Lowell, Inc. Broom Corp. Beginning $83 43 S 43 Liabilities Common stock. Retained earning 26 Assets Liabilities Common stock. Retained earning. S 61 $18 2 45 38 Income statement Revenues $228 $22 Expenses.. Net income 156 Statement of retained earnings 26 10 (13) S 23 34 Beginning RE. + Net income.... - Dividends declared = Ending RE $ 38 $ 3
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