Murphy had no stock transactions in 2018, so the change in stockholders' equity for 2018 was due to net income and dividends.

Question

Citrus2011 [14]

2 years ago

13

Murphy had no stock transactions in 2018, so the change in stockholders' equity for 2018 was due to net income and dividends.

If dividends were $ 90 comma 000, how much was Murphy's net income for 2018? Use the accounting equation and the statement of retained earnings. A. $ 106 comma 000 B. $ 196 comma 000 C. $ 286 comma 000 D. $ 16 comma 000

Business

1 answer:

MaRussiya [10] · Answer 1 · 2022-04-05T10:02:03+03:00

MaRussiya [10]2 years ago

5 0

Answer: your mom gave you money

Murphy had no stock transactions in 2018​, so the change in​ stockholders' equity for 2018 was due to net income and dividends.

Murphy had no stock transactions in 2018, so the change in stockholders' equity for 2018 was due to net income and dividends.