Below are approximate amounts related to retained earnings reported by five companies in previous years. 1....

Below are approximate amounts related to retained earnings reported by five companies in previous years. 1. Coca-Cola reports an increase in retained earnings of $3.0 billion and net income of $6.5 billion. 2. Pepsico reports an increase in retained earnings of $3.2 billion and dividends of $2.4 billion. 3. Google reports an increase in retained earnings of $1.58 billion and net income of $1.58 billion. 4. Sirius Satellite Radio reports beginning retained earnings of −$1.64 billion, net loss of $0.98 billion, and $0 dividends. 5. Abercrombie & Fitch reports ending retained earnings of $1.52 billion, net income of $0.41 billion, and dividends of $0.04 billion.

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ekkarill92 answered 6 months ago

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