Question
Coheed, Inc., had equity of $160,000 at the beginning of the year. At the end of the year, the company had total assets of $224,000.
Coheed, Inc., had equity of $160,000 at the beginning of the year. At the end of the year, the company had total assets of $224,000. During the year the company sold no new equity. Net income for the year was $72,000 and dividends were $46,080. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16)) |
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