Question
Boston Bearing Company had the following on the dates indicated: 12/31/12 12/31/11 Total Assets: $850,000 $630,000 Total Liabilities: $33,000 $24,000 Boston Bearing had no stock
Boston Bearing Company had the following on the dates indicated:
12/31/12 12/31/11
Total Assets: $850,000 $630,000
Total Liabilities: $33,000 $24,000
Boston Bearing had no stock transactions in 2012. If dividends paid in 2012 were $80,000, how much was Boston Bearings net income for 2012?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
