Mints Entertainment, Inc had net income of $170,00 and paid dividends of $0.25 per share on its 100,00 shares of outstanding stock in this year. At the end of the year its balance sheet showed tained earnings of $250,000. What was Mint's retained earnings balance at the end of last year?

Decrease in Accumulated depreciation in current year from previous year is subtracted from net Income under Operating Activities in statement of cash flows. Which could be related to disposal of some asset with cash flow statement under investing activities as cash inflow positive number

No profit was made previous year (2010), but a bunch of expenses were done. No taxes were filed for that year. Typical start-up scenario. Gains were made in year in 2011, so taxes would need to be filed for that year, but I wonder if expenses from previous year can be subtracted to compute net...

The question is as follows. Dec 31 2010 Assets = given Liabilities = x Dec 31 2011 Assets = Given Liabilities = Given

I didn't file for last year because I didn't work much, so this year I filed on line and input 2 accounts with my tax info. I made an account for '06 and one for '05. My '05 never went through but my '06 did?? Could it be because that site was only for '06? What do I do now?