Beta Company reported the following information in its year ended December 31,2012 financials:
1.What were the company's total expenses?
2.How much of the company's profits have been kept by the company as of 1/1/12?
3.What is the balance of retained earnings at December 31,2012?

Question

Beta Company reported the following information in its year ended December 31,2012 financials:
  1.What were the company's total expenses?
2.How much of the company's profits have been kept by the company as of 1/1/12?
3.What is the balance of retained earnings at December 31,2012?

Quizplus · Accepted Answer

The Answer of Beta Company reported the following information in its year ended December 31,2012 financials:
  1.What were the company's total expenses?
2.How much of the company's profits have been kept by the company as of 1/1/12?
3.What is the balance of retained earnings at December 31,2012?

Beta Company Reported the Following Information in Its Year Ended