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1 of 9 (1 complete) HW Score: 0%, 0 of 9 pts Score: 0 of 1 pt X S13-14 (similar to) Question Help Spohr, Inc. had beginning retained earnings of $105,000 on January 1, 2018. During the year, Spahr declared and paid $95.000 of cash dividends and earned 560,000 of net income Prepare a statement of retained earnings for Spah, Inc. for the year ending December 31, 2018 Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal Spahr, Inc. Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Net income for the year $ 105,000 Dividends declared Inc Retained Earnings, December 31, 2018 Choose from any list or enter any number in the input fields and then click Check Answer. 2 of 9 (1 complete) HW Score: 0%, 0 of 9 pts S13-17 (similar to) Question Help GAZ Corporation had net income for 2018 of $36,500. GAZ had 1,800 shares of common stock outstanding at the beginning of the year and 24.200 shares of common stock outstanding as of December 31, 2018. During the year, GAZ declared and paid preferred dividends of $20.250. Therefore, GAZ's earnings per share for 2018 is $1.25. Assume the market price of GAZ's common stock is $7.00 per share. Compute GAZ's pricelearnings ratio, Select the formula, then enter the amounts to calculate the company's pricelearnings ratio as of December 31, 2018. (Abbreviations used: Ave. - average, OS outstanding, SE = stockholders' equity, shrs = shares. Round the ratio to two decimal places.) = Price learnings ratio Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All

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