I am given Assets=24480
Liabilities=16646
Stock issuances=1400
Cash dividends=2000
What would be my net income?? I have tried everything
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I am given Assets=24480
Liabilities=16646
Stock issuances=1400
Cash dividends=2000
What would be my net income?? I have tried everything
well assets - liabilities = equity on that basis 24480 - 16646 = 7834
equity = stock issued + earnings - dividends
7834 = 1400 -2000 + ?
really simple when you read a text book
I read the text book. Just didn't understand. No need to be rude but thanks a lot jerk
Don't be a Jerk yourself, now you do understand
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