Assume a companys shareholders equity increased by $150,000 during 20X1. Also assume that during 20X1, the company
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Assume a companys shareholders equity increased by $150,000 during 20X1. Also assume that during 20X1, the company had total expenses of $90,000, issued and paid cash dividends of $20,000, issued common stock for $60,000 cash, and had no other comprehensive income. What was total revenue for 20X1? a. $200,000 b. $100,000 c. $145,000 d. $275,000 e. None of the above is correct
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