Question: Compute the missing amounts in the following table. ( at the end of 2007, retained earnings had a balance of negative $2086) Comment on the

Compute the missing amounts in the following table. ( at the end of 2007, retained earnings had a balance of negative $2086) Comment on the company's performance over the three year period after calculating the relationship of expenses as a percentage of revenues and net income as a percentage of revenues. Do you agree with the company's dividend policy? Why?

2006 2007. 2008

Retained earning ( beginning).........................$1746.5). $5327.0. $2653.0

Revenues...........................................................4840.5. 5327.0. ?

Expenses.............................................................? 5628.0 5425.0

Dividends..............................................................-0- ? 17.5

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