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The retained earnings statement of scott corporation shows

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Reference no: EM13572566

Consider each of the following independent situations.

(a) The retained earnings statement of Scott Corporation shows dividends of $68,000, while net income for the year was $75,000.

(b) The statement of cash flows for Silberman Corporation shows that cash provided by operating activities was $10,000, cash used in investing activities was $110,000, and cash provided by financing activities was $130,000.

Instructions

For each company provide a brief discussion interpreting these financial facts. For example, you might discuss the company"s financial health or its apparent growth philosophy.

Reference no: EM13572566

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