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Caloulator Print Item Show Me How Net Income and Stockholders Equity for Four Businesses Four different amount of stockholders' equity, are summartzed as follows corporations,
Caloulator Print Item Show Me How Net Income and Stockholders Equity for Four Businesses Four different amount of stockholders' equity, are summartzed as follows corporations, Aries, Geminl, Leo, and Pisces, show the same balance sheet data at the beginning and end of a year. These data, Total Assets Total Liabilites $42,700 $71,700 $106,700 170,700 beginning of the year End of the year On the basis of the above data and the following additional Information for the year a information for the year, determine the net income (or loss) of each company for the year First determine the amount of increase or decrease in stockholders' equity during the year) No addtional common stock was issued, and no dividends were paid No additional common stock was issued, but dividends of $7,000 were paid dditional common stock of $15,400 was issued, but no dividends were paid Additional common stock of $14,000 was issued, and dividends of $9,100 were paid. Gemini: Ares Net Income 7,400 : x Gemini Net Income Net Income Net Income 44,900 X Pisces s21,600x X Net 0
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