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How would I do this. "If FinBeer paid a dividend of $50 in 2009, what was the Retained Earnings balance in 2008"
 2 years ago
 2 years ago
How would I do this. "If FinBeer paid a dividend of $50 in 2009, what was the Retained Earnings balance in 2008"
 2 years ago
 2 years ago

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BruLeeBest ResponseYou've already chosen the best response.1
Net Income  dividends paid = retained earnings.
 2 years ago

FabianMontescuBest ResponseYou've already chosen the best response.0
Do you need to add BruLee's answer above to the 2007 retained earnings? I think you do, but I'm unsure.
 2 years ago
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