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Question - For the year ended December 31, 2020, Crane Company reported the following:
Net income $297000
Preferred dividends declared 48300
Common dividend declared 10600
Unrealized holding loss, net of tax 5600
Retained earnings, beginning balance 384000
Common stock 198400
Accumulated Other Comprehensive Income, Beginning Balance 24500
Required - What would Crane report as the ending balance of Retained Earnings?
Evaluate what changes should be made to both the Sarbanes-Oxley Act of 2002 and other current laws in order to make them more effective in deterring companies from committing crimes.
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The company uses the periodic method of inventory. Sales Revenue $90,000. Determine the company beginning inventory
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a companys retained earnings on december 31 2011 was 2190000 and its shareholders equity was 8760000. during 2012 the
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