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A) Using information given what is the equity for December 31, 2017 for Company A. B) What is the amount of liabilities on December 31,
A) Using information given what is the equity for December 31, 2017 for Company A. B) What is the amount of liabilities on December 31, 2017 for Company A. The following information applies to the questions displayed below. The following financial statement information is from five separate companies: Company Company Company Company Company December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends $55,000 $34,000 $24,000 $6e,000 $119,000 24,500 21,500 9,088 40,000 85,000 113,e00 ?26,500 29,00 24,000 70,000 58,000 40,000 6,00 1,400 9,750 8,500 3,500 2,000 5,875 6, 500 8,000 14,000 20,000 0 11,000
A) Using information given what is the equity for December 31, 2017 for Company A.
B) What is the amount of liabilities on December 31, 2017 for Company A.
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