× Didn't find what you were looking for? Ask a question
  
  
Top Posters
Since Sunday
6
l
6
n
5
N
5
m
5
s
4
4
4
r
4
m
4
4
s
4
New Topic  
betterway betterway
wrote...
Posts: 1450
Rep: 0 0
2 years ago
On December 31, 2014, Bradshaw Corporation had $485,000 as an ending balance for its retained earnings account. During 2015, the corporation declared a $3.50/share dividend to its stockholders. The company has 35,000 shares of common stock outstanding. When the books were closed for 2015 year end, the corporation had a final retained earnings balance of $565,000. What was the net profit earned by Bradshaw Corporation during 2015?
Textbook 

Principles of Managerial Finance


Edition: 14th
Authors:
Read 659 times
12 Replies

Related Topics

Replies
wrote...
Valued Member
2 years ago
See attached for solution.  Slight Smile
Attached file
Thumbnail(s):
You must login or register to gain access to this attachment.
wrote...
A year ago
Thank you!
wrote...
A year ago
Thank you!
wrote...
A year ago
Nays ty Face with Stuck-out Tongue
wrote...
11 months ago
Thank you!
wrote...
8 months ago
Thank you!
wrote...
8 months ago
Thank you
wrote...
8 months ago
Thank you
wrote...
A month ago
Thank you
wrote...
A month ago
thank you
wrote...
A month ago
THANK YOU SOOO MIHCHHHCHC
wrote...
2 weeks ago
Thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  98 People Browsing
 135 Signed Up Today
Your Opinion
Where do you get your textbooks?
Votes: 110

Previous poll results: Who's your favorite biologist?
Related Images
 453
 361
 6