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Tatiana [17]
2 years ago
6

Zapper has beginning equity of $293,000, net income of $69,000, dividends of $58,000 and stockholder investments of $24,000. Its

ending equity is:
Business
1 answer:
Yuki888 [10]2 years ago
8 0

Answer:

$328,000

Explanation:

As we all know that:

Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid

Here,

Opening Equity is $293,000

Money raised through Shares Issuance was $24,000

Net Income would be $69,000

Dividends paid were $58,000

There were no losses as their is Profit for the year (Net Income).

By putting values, we have:

Ending Equity = $293,000  +  $24,000   +  $69,000   -  $58,000

= $328,000

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Answer:

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Answer:

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Answer:

Explanation:

1. True

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2. False

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3 years ago
Aside from advertising, how can monopolistically
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