Question: kindly solve this quickly 4. Mints Entertainment, Inc. had net income of $170,000 and paid dividends of $0.25 per share on its 100,000 shares of

kindly solve this quickly
kindly solve this quickly 4. Mints Entertainment, Inc. had net income of

4. Mints Entertainment, Inc. had net income of $170,000 and paid dividends of $0.25 per share on its 100,000 shares of outstanding stock in this year. At the end of this year its balance sheet showed retained earnings of $250,000. What was Mint's retained earnings balance at the end of last year if the balance sheet value (Book Value) of their common stock is $1,000,000? (3 Marks) (Show your detailed calculation in your answer script) 5. You are comparing stock A to stock B. Given the following information, which one of these two stocks should you prefer and why? (4 Marks) State of Economy Boom Recession Probability of State of Economy 60% 40% Rate of Return if State Occurs Stock A Stock B 9% 15% 4% -6% (Show your detailed calculation with formula in your answer script)

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