Income stat and balance sheet data. i dont understand where does the retained earnings inbalance sheet come from IS Sales 23405 COGS 9876.9 SG&A 6857.7 Interest 1008 Non operating income 93.6 EBT 5756 Tax 1807.4 NI 3948.6 Dividiends 1184.6 RE 2764.1 BS Current Assets 9362 Net PPE 25745.5 Total assets 35107.5 Current liabilities 3978.9 Long term debt 14400 Common stock 3000 RE 13728.7 ??? Total lia + equity 35107.5 FSA is my achilles heel , thanks
NI - Div = RE 3948.6 - 1184.6 = 2764.1 -> this is for the period. On the BS it is the accumulated RE, so the 13728.7 includes the 2764.1