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  3. we currently have balances of $42,519 in common st

We currently have balances of $42,519 in Common Stock and $55,466 in Retained Eamings. The...

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Accounting

We currently have balances of $42,519 in Common Stock and $55,466 in Retained Eamings. The board has been modeling different scenarios to assess their impact on our balance sheet next year. If we generate $44,373 in net profit next year, as well as declare and pay $31,889 in dividends, what will our ending balance in retained earnings be next year?
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We currently have balances of $42,519 in Common Stock and $55,466 in Retained Eamings. The board has been modeling different scenarios to assess their impact on our balance sheet next year. If we generate $44,373 in net profit next year, as well as declare and pay $31,889 in dividends, what wil our ending balance in retained earnings be next year

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