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    segrob's Avatar
    segrob Posts: 1, Reputation: 1
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    #1

    Aug 26, 2010, 12:02 AM
    Calculate retained earnings
    My total assets are $2,947,878.00 and liabilities are $1,689,206.00, common stock 150,000.00, treasury stock -124,800.00, dividends -150,000.00. What would be my retained earnings? Balance sheet is showing $38,474.05
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Aug 26, 2010, 09:18 PM

    Assets = Liabilities + Equity

    Plug in and find the missing number.
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