6. Sanguillen Corp. showed retained earnings of $500,000 on its balance sheet for 2021. Last year...
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6. Sanguillen Corp. showed retained earnings of $500,000 on its balance sheet for 2021. Last year (2022), the company's earnings per share (EPS) were $6.00 and its dividends paid per share (DPS) were $3.50. The company had 800,000 shares of stock outstanding for 2022. What is the level of retained earnings on the company's balance sheet for year 2022? 6. Sanguillen Corp. showed retained earnings of $500,000 on its balance sheet for 2021. Last year (2022), the company's earnings per share (EPS) were $6.00 and its dividends paid per share (DPS) were $3.50. The company had 800,000 shares of stock outstanding for 2022. What is the level of retained earnings on the company's balance sheet for year 2022?
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Related Book For
Financial Accounting An Introduction to Concepts, Methods and Uses
ISBN: 978-1133591023
14th edition
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
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