The following data are based on information in the 2019 annual report of Fresh Country...
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The following data are based on information in the 2019 annual report of Fresh Country Dining. Dollar amounts are in millions. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2017 Required A Required B Required a. Calculate the company's net income and retained earnings for 2018 and 2019. b. Which increased (or decreased) by the greatest percentage amount revenues or net income? c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2018 or 2019? Required C Net income Ending retained earnings Complete this question by entering your answers in the tabs below. Required D 2019 2019 $ 1,619 995 624 3,110 2,868 214 2018 2018 $ 1,565 KHOTEL A 964 601 Calculate the company's net income and retained earnings for 2018 and 2019. (Enter your answers in millions of dollars.) 3,068 2,801 227 $512 Required B >
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