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What is the net income assuming that $15,000 of dividends were paid and $$20,000

Use the following data                                                                                    

                                                                                                  Total Assets                                             Total Stockholders Equity

Beginning of theyear                                                    $ 50,000                                                   $10,000

End of theyear                                                                  $125,000                                                 $30,000

What is the net income assuming that $15,000 of dividends were paid and $$20,000 of stock was issued (ignore taxes)?

ANSWER: ______________________

Apr 20 2018 Read more Less More

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