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I don\'t know how to find Net Income without Expenses, Retained earnings without

ID: 2404340 • Letter: I

Question

I don't know how to find Net Income without Expenses, Retained earnings without Net income, or expenses without Net Income?

ltems from the 2015 income statement, statement of retained earnings, and balance sheet of Activision Blizza in alphabetical order 1 Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Activision Blizzard, Inc. Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings, End of Year Total Assets Total Expenses Total Liabilities Total Revenues 170 3,374 15,251 7.183 4 664

Explanation / Answer

total of Assets

15251

total of liabilities

7183

total of year end retained earning

total of assets-total of liabilities-common stock = 15251-7183-3972

4096

Net income transferred to retained earning during the year

year end retained earning-beginning balance in retained earning

4096-3374

722

dividend paid

170

net income during the year

722+170

892

total expenses

total revenue-net income

4664-892

3772

total of Assets

15251

total of liabilities

7183

total of year end retained earning

total of assets-total of liabilities-common stock = 15251-7183-3972

4096

Net income transferred to retained earning during the year

year end retained earning-beginning balance in retained earning

4096-3374

722

dividend paid

170

net income during the year

722+170

892

total expenses

total revenue-net income

4664-892

3772

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