Retained earnings , rate of return, present value
Use the information, below, to answer questions 1 and 2. Selected items from the financial statements of ABC Company for the year 20X1: Retained earnings, 01/01/X1 ?? Total assets at 12/31/X1 $950 Net Income, year ended 12/31/ X1 110 Retained earnings 12/31/X1 ?? Total Liabilities at 12/31/X1 400 Common stock at 12/31/X1