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Business, 31.08.2019 05:10 babycakes08d

Rahls issues stock to investors for $20,000, and has $5,000 of net income in its first year of operations. during year 2, rahls earns $10,000 in net income and pays a dividend to stockholders of $4,000. what is the balance in stockholders' equity at the end of year 2?

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Rahls issues stock to investors for $20,000, and has $5,000 of net income in its first year of opera...
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