I've tried different ways to get the answer but they keep coming out wrong so can somebody tell me the formula for stock issuances?
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I've tried different ways to get the answer but they keep coming out wrong so can somebody tell me the formula for stock issuances?
Assets = Liabilities + Owners Equity
Owners Equity = Stock issuances + Retained Earnings
Retained Earnings = Net Income - Dividends
since you already know Assets and Liabilities, you can solve for Owners Equity. Now subtract Net Income from Owners Equity and you have your stock issuances.
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