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At the end of last year jefferson motors had 100,000 shares of common stock with a balance of $185,000, retained earnings of $710,000, and total stockholders equity of $895,000. This year jefferson paid a dividend of $80,000 and its end of year retained earnings were $790,000. What was the net...
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XYZ Corporation, a publicly traded company, just posted results for fiscal year ended Ended September 20, 2009. Its audit opinion was unqualified. Its audited financial statements reflected net income of $75 million, total assets of $1 billion, and total liabilities of $500 million. ...
At the end of last year jefferson motors had 100,000 shares of common stock with a balance of $185,000, retained earnings of $710,000, and total stockholders equity of $895,000. This year jefferson paid a dividend of $80,000 and its end of year retained earnings were $800,000. What was the net...
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