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1. Nawal, Inc. had revenues of $440,000 and expenses of $200,000 in 2019. During 2019, the company did not issue any common stock, but it
| 1. Nawal, Inc. had revenues of $440,000 and expenses of $200,000 in 2019. | |||||||
| During 2019, the company did not issue any common stock, but it distributed | |||||||
| dividends of $280,000. Calculate Nawal's net income for the year. | |||||||
| A. | ($40,000) | ||||||
| B. | $200,000 | ||||||
| C. | $240,000 | ||||||
| D. | $440,000 |
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Ressourceneffizientes Wirtschaften
Authors: Heinz Karl Prammer
2nd Edition
3658046082, 9783658046088
