Question: I need some help with these questions At the end of the current period, Maltese, Inc. reports the following amounts: Assets = $47,500; Liabilities =
I need some help with these questions


At the end of the current period, Maltese, Inc. reports the following amounts: Assets = $47,500; Liabilities = $35,100; Dividends = $3,660; Revenues = $26,700; Expenses = $13,800. Calculate net income and stockholders' equity at the end of the period. Net income Stockholders' equity During its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Year Net Income 1 2 3 4 5 Year 1 2 $2,300 2,500 2,600 5,100 6,800 345 Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $0 at the beginning of year 1. Dividends $1,400 Retained Earnings 1,500 2,000 2,800 2,200
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