Beta Company Was Founded In 20013. Its Yearly Earnings And Dividend Payments Are Shown Here: 2013: Net Income Of $4,000, Paid Zero Dividends 2014: Net Income Of $20,000, Paid $10,000 Dividends 2015: Net Income Of $8,000, Paid $5,000 Dividends 2016: Net Loss Of $22,000, Paid Zero Dividends At The End Of 2016, What Would Be The Balance In Retained Earnings?

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Beta Company was founded in 20013. Its yearly earnings and dividend payments are shown here: 2013: Net income of $4,000, paid zero dividends 2014: Net income of $20,000, paid $10,000 dividends 2015: Net income of $8,000, paid $5,000 dividends 2016: Net loss of $22,000, paid zero dividends At the end of 2016, what would be the balance in Retained earnings?

- November 14, 2022 - Edwin Tunner

2. Beta Company was founded in 20013. Its yearly earnings and dividend payments are shown here:

2013: Net income of $4,000, paid zero dividends

2014: Net income of $20,000, paid $10,000 dividends

2015: Net income of $8,000, paid $5,000 dividends

2016: Net loss of $22,000, paid zero dividends

At the end of 2016, what would be the balance in Retained earnings?

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