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During 2019, Wayneright Company's total assets increased $75,000, and total liabilities decreased $45,000. During the same year, the company's investors invested an additional $90,000 and

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During 2019, Wayneright Company's total assets increased $75,000, and total liabilities decreased $45,000. During the same year, the company's investors invested an additional $90,000 and the company paid dividends of $45,00 What must have been the company's net income for 2019? Select one: O A. $45,000 o B. $75,000 O C. $30,000 O D. $60,000 eBook BP Question 12 Not yet answered Marked out of 1.00 P Flag question A company reported total stockholders' equity of $435,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019: Revenues Expenses Liabilities, on December 31, 2019 $930,000 495,000 216,000 What are the total assets of the company on December 31, 2019? Select one: O A. $57,000 O B. $1,086,000 o C. $630,000 O D. $276,000 Ivey Company began operations on January 1, 2019, with an investment of $186,000 by each of its two stockholders, or a total of $372,000. Net income for its first year of business was $654,000. During the year, the company paid dividends of $90,000 each to its two stockholders. How much is the company's ending Stockholders' Equity on December 31, 2019? Select one: O A. $846,000 O B. $648,000 O C. $834,000 o D. $744,000 eBook Pr Question 14 Not yet answered Marked out of 1.00 P Flag question As of December 31, 2018, Foxfire Company had assets of $2,775,000 and liabilities of $855,000. During 2019, the stockholders invested an additional $150,000 and paid dividends of $90,000 from the business. What is the net income for the company during 2019, assuming that as of December 31, 2019, assets were $2,940,000, and liabilities were $765,000? Select one: O A. $60,000 O B. $195,000 O C. $315,000 O D. $225,000 As of December 31, 2018, Foxfire Company had assets of $3,700,000 and liabilities of $1,140,000. During 2019, the stockholders invested an additional $200,000 and paid dividends of $120,000 from the business. What is the net income for the company during 2019, assuming that as of December 31, 2019, assets were $3,920,000, and liabilities were $1,020,000? Select one: O A. $ 80,000 O B. $340,000 C. $420,000 o D. $260,000 eBook Question 16 Not yet answered Marked out of 1.00 P Flag question On September 1, 2019, Chartreuse Dog, Inc. reported Retained Earnings of $408,000. During the month of September, Chartreuse Dog generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $18,000. What is the balance in Retained Earnings on September 30, 2019? Select one: O A. $24,000 credit O B. $414,000 credit C. $408,000 debit D. $411,000 credit

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