Question
Bravo Company experienced a total increase in stockholders' equity of $14,000 during the current year. Stockholders' equity was increased by additional issuances of $50,000 capital
Bravo Company experienced a total increase in stockholders' equity of $14,000 during the current year. Stockholders' equity was increased by additional issuances of $50,000 capital stock during the year. No dividends were paid. Expenses incurred during the year were $115,000. How much was Bravo's revenue for the year?
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
