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A company had shareholders' equity on the balance sheet at a book value of $42,200 at the end of 2019. During 2020 the company earns
A company had shareholders' equity on the balance sheet at a book value of $42,200 at the end of 2019. During 2020 the company earns net income of $4,600 and pays dividends to shareholders of half of its net income. The book value of shareholders' equity at the end of 2020 is: O A. $51,400 OB. 542.200 O c. $46,800 O D. $44,500
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