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Vlad [161]
3 years ago
14

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000.

its ending equity is
Business
1 answer:
jarptica [38.1K]3 years ago
5 0

$275,000

257,000    Beginning Equity

+51,000     Net Income

+6,000      Investments from stockholders

=314,000   New total

-40,000     Minus dividends payed to stockholders

=275,000   Equals ending equity

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