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[SOLVED]Midyear on July 31st, the Chester Corporation's balance sheet reported:

Midyear on July 31st, the Chester Corporation's balance sheet reported: Total Liabilities of $25.439 million Cash of $2.010 million Total Assets of $40.623 million Total Common Stock of $1.270 million. What were the Chester Corporation's retained earnings?

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  •  $13.914 million
  •  $16.454 million
  •  $15.924 million
  •  $18.464 million



honeyd


29-03-21 | 15:45:17

=total asset-liability-common stock
Retained earnings=40.823-1.270-25.439
=13.914

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