Question
Baltimore Company experienced a total increase in stockholders' equity of $21,000 during the current year.Stockholders' equity was increased by additional issuances of $45,000 capital stock
Baltimore Company experienced a total increase in stockholders' equity of $21,000 during the current year.Stockholders' equity was increased by additional issuances of $45,000 capital stock during the year.No dividends were paid.Expenses incurred during the year were $114,000.How much was Baltimore's revenue for the year?
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
