If mookie had retained earnings of $88,000 at the end of year 5, what was the company's retained earnings at the beginning of year 1?

a.$13,000.
b. $25,000.
c. $7,000.
d. $1,000

A. $13000

During its first five years of operation, Mookie Consulting Services reported the following annual net income and dividend amounts:

Year Net Income Dividends

1 $22,000 $2,000

2 17,000 2,000

3 9,000 1,000

4 14,000 3,000

5 25,000 4,000

If Mookie had Retained Earnings of $88,000 at the end of year 5, what was the company's Retained Earnings at the beginning of

Year 1?

a. $13,000 d. $41,000

b. $23,000 e. some other amount

c. $37,000

Explanation: the difference between total dividends (75,000$) and total net Income (88000$) gives the Retained Earnings = $13000

dez nutz lol

explanation:

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it