Question: Compute the missing amounts (shown by a ?) for each company (in millions). At the end of the year, which company has the Highest

Compute the missing amounts (shown by a ?) for each company (in millions).

Compute the missing amounts (shown by a ?) for each

At the end of the year, which company has the
• Highest net income?
• Highest percentage of net income to revenues?
Prepare a statement of retained earnings to help with your calculations.

Link Ltd Chain Inc. Fence Corp Beginning Assets Liabilities Common shares. Retained earnings Ending Assets Liabilities $ 78 47 $ 30 19 $ 2 10 3 $ 48 30 S 48 Retained earnings Dividends Income statement Revenues 27 $ 3 $216 211 $20 19 $144 Net income

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