Chevron Corporation, a multinational energy company, reported total assets of $239.8 billion and total liabilities of $141.7 billion at the end of its fiscal year 2022. The company's income statement for the same year showed revenues of $246.3 billion and net income attributable to Chevron Corporation of $35.5 billion. During the year, Chevron paid dividends of $11.1 billion to its shareholders. The company's retained earnings at the beginning of 2022 were $146.2 billion. What was the balance of Chevron Corporation's retained earnings at the end of fiscal year 2022? Lufthansa Airlines is considering replacing its aging fleet of Boeing 747s with new Airbus A350s. The company estimates that each A350 will cost €280 million and have a useful life of 20 years with no salvage value. Annual operating costs for the A350 are projected to be €30 million less than the current 747 fleet. Lufthansa's cost of capital is 8%, and they use straight-line depreciation for their aircraft. The company wants to know the annual cost savings of the new A350 compared to the current 747 fleet. Assuming all other factors remain constant, should Lufthansa proceed with the fleet replacement based on the annual cost comparison?

Amazon.com, Inc. is preparing its financial statements for the fiscal year ending December 31, 2023. The company's preliminary income statement shows net sales of $514 billion, cost of sales of $320 billion, operating expenses of $160 billion, and other income of $2 billion. Amazon's effective tax rate for the year is 21%. The company had 10.2 billion weighted average shares outstanding during the year and 10.3 billion shares outstanding at year-end. Calculate Amazon's basic earnings per share (EPS) for the fiscal year 2023, and determine if it has improved from the previous year when the basic EPS was $1.25. The Walt Disney Company is evaluating its financial performance for the fiscal year ending September 30, 2023. The company reported total revenues of $82.7 billion, cost of revenues of $52.3 billion, and operating expenses of $21.5 billion. Disney's interest expense for the year was $1.2 billion, and its effective tax rate was 25%. The company had 1.83 billion weighted average…

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Schaeffer Corporation reports $50 million accumulated other comprehensive income in its balance sheet as a component of shareholders’ equity. In a related statement reporting comprehensive income for the year, the company reveals net income of $400 million and other comprehensive income of $15 million. What was the balance in accumulated other comprehensive income in last year’s balance sheet?