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Snezhnost [94]
3 years ago
5

Revenue on account amounted to 54,000. Cash collections of accounts receivable amounted to $2,300. Expenses for theperiod were 5

2,100. The company paid dividends of S450. Net income for the period wasA. 5200.B. $1,450.C. 51,850.D. 51.900.
Business
1 answer:
Georgia [21]3 years ago
8 0

Answer:

Option (D) is correct.

Explanation:

Given that,

Revenue on account = $54,000

Cash collections of accounts receivable = $2,300

Expenses for the period = $52,100

company paid dividends = $450

Net income for the period:

= Revenue on account - Expenses for the period

= $54,000 -  $52,100

= $1,900

Therefore, the net income for the period is $1,900.

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sdas [7]

Answer:

unrealized gain from change in market value = $10,617

Explanation:

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8 0
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Explanation:

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antiseptic1488 [7]
Technically you could live in a tree house if you wanted to. 
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RideAnS [48]

Answer: B.both stocks are equally good investments

Explanation:

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