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    Fisher321's Avatar
    Fisher321 Posts: 6, Reputation: 1
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    #1

    Jan 22, 2007, 01:47 PM
    Calculate retained earnings
    If a corporation has assets of $250,000, liabilities of $70,000, and capital stock of $120,000, what is the amount of retained earnings?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Jan 22, 2007, 10:10 PM
    A = L + SE
    250k = 70k + 120k + RE
    RE = 60,000
    mariacajuste's Avatar
    mariacajuste Posts: 2, Reputation: 1
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    #3

    Jul 1, 2012, 07:28 AM
    Claculate for netincome from retained earnings
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