Question: ask a question 1.66 points The information presented here represents selected data from the December 31, 2013, balance sheets ar income statements for the year
1.66 points The information presented here represents selected data from the December 31, 2013, balance sheets ar income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Firm B Firm C Firm A Total assets, 12/31/13 418,000 546,000 s 316,000 Total liabilities, 12/31/13 217,000 132,000 Paid-in capital, 12/31/13 79.000 47.000 Retained earnings, 12/31/13 310,000 79,000 114,000 Net income for 2013 58.000 12,000 72,000 Dividends declared and paid during 2013 79,000 Retained earnings, 1/1/13 42,000
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