AOS Industries Statement of Cash Flows for 2008 Investment activities
Financing activities
Consider the above statement of cash flows. If all amounts shown above are in millions of dollars, what were AOS Industries' retained earnings for 2008?
A) $5.2 million
B) $2.2 million
C) $4.4 million
D) $3.1 million

Question

AOS Industries Statement of Cash Flows for 2008  Investment activities
 Financing activities
 Consider the above statement of cash flows. If all amounts shown above are in millions of dollars, what were AOS Industries' retained earnings for 2008?
A) $5.2 million 
B) $2.2 million 
C) $4.4 million 
D) $3.1 million

Quizplus · Accepted Answer

B) $3.2 - $1 = $2.2 million