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Business, 12.03.2020 02:37 jaici68

In its first year of operation Froggie company’s revenue for the year amounted to $5,000. Cash collections of accounts receivable amounted to $2,300. Expenses for the period were $2,100. The company paid dividends of $450. Net income for the period was .A. $1,200.
B. $2,900. C. $2,850. D. $2,450.

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In its first year of operation Froggie company’s revenue for the year amounted to $5,000. Cash colle...
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