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Business, 07.04.2020 16:55 kaydeemyylady
Stone Company has beginning equity of $1,200,000, net income of $200,000, dividends of $120,000 and investments by owners in exchange for stock of $40,000. Its ending equity is:
A. $ 892,000
B. $ 960,000
C. $1,072,000
D. $1,320,000
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Answers: 2
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Stone Company has beginning equity of $1,200,000, net income of $200,000, dividends of $120,000 and...
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