elizaamath5829 elizaamath5829

21-01-2021
Business

contestada

The following selected amounts are available for Vizio Company. Retained earnings (beginning) $1,600 Net loss 300 Cash dividends declared 200 Stock dividends declared 200 What is its ending retained earnings balance

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ayokenny2001 ayokenny2001

24-01-2021

Answer:

$900

Explanation:

With regards to the above, the ending retained earnings balance is calculated as

= Beginning retained earnings - Net loss - Cash dividends declared - Stock dividends declared

= $1,600 - $300 - $200 - $200

= $900.

Therefore, the ending retained earnings balance is $900

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