$101$ Spring $2024$

Question $5$ of $14$

This test: $200$ point$($s$)$ possible

This question: $10$ point$($s$)$ possible

Complete the following financial statement articulation exercises.

a$.$ If net income is $$50,000$ and comprehensive income is $$69,000,$ what is other comprehensive income?

b$.$ If ending retained earnings are $$128,000,$ beginning retained earnings are $$100,000,$ and dividends declared are $$19,000,$ what is net income?

c$.$ If the beginning balance of cash was $$655,000$ and the ending balance of cash is $$518,000,$ what is the net change in cash?

a$.$ If net income is $$50,000$ and comprehensive income is $$69,000,$ what is other comprehensive income? Select the formula and enter the amounts to compute other comprehensive income.

Other comprehensive income

$=$

b$.$ If ending retained earnings are $$128,000,$ beginning retained earnings are $$100,000,$ and dividends declared are $$19,000,$ what is net income? Select the formula and enter the amounts to compute net income.

$$

$$

$-1$

$$

$=1$

c$.$ If the beginning balance of cash was $$655,000$ and the ending balance of cash is $$518,000,$ what is the net change in cash? Select the formula and enter the amounts to compute the net change in cash. $($Use parentheses or a minus sign for a decrease in cash.$)$

$$

$$