Question: Identify whether a corporation that included the following statement in its financial statement package is a publicly traded corporation or a private corporation. Explain why

Identify whether a corporation that included the following statement in its financial statement package is a publicly traded corporation or a private corporation. Explain why you made the choice you did.

CANDY CORPORATION

Statement of Retained Earnings

Year Ended April 30, 2012

Balance, May 1, 2011………………………………$300,000

Profit…………………………………………………...........99,000

Dividends………………………………………….......…(17,000)

Balance, April 30, 2012………………………………$382,00

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