Question: For each company, find in the missing amounts that correspond with a letter. At the end of the year, which company has the highest net
For each company, find in the missing amounts that correspond with a letter.
At the end of the year, which company has the highest net income?
Which company has the highest percentage of net income to revenue?
Hint: A statement of retained earnings will help you with your calculations.
A table comparing three companies: Apple, Bingo, and Dexter. The table is separated into three sections: Beginning, Ending, and Income Statement. Under Beginning labelled Assets Apple has $ Bingo has $ and Dexter has the letter F Labelled Liabilities Apple has Bingo had and $ for Dexter. For Common shares, Apple has Bingo has and Dexter has For Retained earnings,Apple has the letter A Bingo has and Dexter has Under EndingAssets has the letter B for Apple, $ for Bingo, and $ for Dexter. Liabilities has $ for Apple, for Dexter, and the letter G for Dexter. Common Shares had for Apple, for Bingo, and for Dexter. Retained earnings, has for Apple, the letter D for Bingo, and for Dexter. Dividends has for Apple, for Bingo, and for Dexter. Under Income Statement,Revenues has $ for Apple, the letter E for Bingo, and $ for Dexter. Expenses has for Apple, $ for Bingo, and for Dexter. Net income, has the letter C for Apple, for Bingo, and for Dexter.
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