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    mkh5841's Avatar
    mkh5841 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Jan 12, 2011, 03:25 PM
    How do you find stock issuances?
    December 31, 2011
    Assets 63,700
    Liabilities 30,576
    During year 2011
    Stock issuances ?
    Net income (loss) 8,466
    Cash dividends 0
    --------------------------------------------------------------------------------
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jan 12, 2011, 04:59 PM

    Assets minus your liabilities and Net Income
    mkh5841's Avatar
    mkh5841 Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Jan 12, 2011, 09:45 PM
    I worked out the problem plugging in the numbers by the equation you gave me and the answer is being rejected.

    Assets(63,700)-L(30,576)-Net(8,466)=24,658

    is that the correct equation?
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
    Senior Member
    		  
    #4

    Jan 12, 2011, 11:53 PM
    You need to add net income. You have deducted it.
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