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A company had $200 million shareholders equity on January 1, 2020. During 2020, the company made $20 million net income and paid $3 million cash
- A company had $200 million shareholders equity on January 1, 2020.
- During 2020, the company made $20 million net income and paid $3 million cash dividends. The company didnt issue any. New commons stocks or buy back any common stocks during the year. On December 31, 2020, the company reported $227 million shareholders equity in the balance sheet.
How much is the companys comprehensive income in 2020?
- $30 million
- $20 million
- $10 million
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The History Of Lloyd S And Of Marine Insurance In Great Britain
Authors: Frederick Martin
1st Edition
1421206269, 978-1421206264
