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a start up consulting business makes a profit after ax of $100k during its first year of operation. At start up it's financing was $10k
a start up consulting business makes a profit after ax of $100k during its first year of operation. At start up it's financing was $10k of equity. The owner is paid a dividend in the year of $50k. What will be the net assets of the business at the end of the first year.?
a.100k
b.60k
c.90k
d.50k
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