Question
Jaws Dental (JD) had an Equity balance at the beginning of the year of $800,000 and an Equity balance of $600,000 at the end of
Jaws Dental (JD) had an Equity balance at the beginning of the year of $800,000 and an Equity balance of $600,000 at the end of the year.
a. Assume JD is a not-for profit. What was JDs Net Income for the year?
ANSWER _________%
b. Now assume that JD is a for-profit. If they paid $100,000 in dividends, what was JDs Net Income for the year?
ANSWER__________ %
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Democratic Audit Of Poland 2014
Authors: Radoslaw Markowski, Michal Kotnarowski, Michal Wenzel, Marta Zerkowska-Balas
1st Edition
3631656912, 978-3631656914
