Question
3.7Consider Southeast Home Care ,a fort -profit business .In 2011,its net income was $1,500,000 and it distributed $500,000 to owners in the form of dividends
3.7Consider Southeast Home Care ,a fort -profit business .In 2011,its net income was $1,500,000 and it distributed $500,000 to owners in the form of dividends .It beginning of year equity balance was $ 12,000,000.Use this information to construct the business's statement of changes in equity.What is the ending 2011 value of the business's equity account?
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
