Question: i would like help please fast Napolean Corporation started business on January 1,2016 . The following information was compiled by Napolean's accountant on December 31,2016
Napolean Corporation started business on January 1,2016 . The following information was compiled by Napolean's accountant on December 31,2016 : Required: a) You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income statement, statement of retained earnings and a balance sheet as of December 31 . 2016. b) Comment on the company's decision to pay a $4,500 dividend. Is this a wise use of cash? Write a few sentences revealing your thoughts on this
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