Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Charlies Chocolates had stock issuances of $86,000 and dividends of $38,000. The company has revenues of $119,000 and expenses of $82,000. Calculate its net income.
Charlies Chocolates had stock issuances of $86,000 and dividends of $38,000. The company has revenues of $119,000 and expenses of $82,000. Calculate its net income.
A. $48,000.
B. $119,000.
C. $82,000.
D. $37,000.
E. $85,000.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started