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Presented below are data for Ivanhoe Company 2020 2021 Assets, January 1 $6835 ? Liabilities, January 1 ? $4114 Stockholders' Equity, Jan. 1 ? $4132
Presented below are data for Ivanhoe Company
| 2020 | 2021 | |||||
| Assets, January 1 | $6835 | ? | ||||
| Liabilities, January 1 | ? | $4114 | ||||
| Stockholders' Equity, Jan. 1 | ? | $4132 | ||||
| Dividends | 853 | 971 | ||||
| Common Stock | 910 | 980 | ||||
| Stockholders' Equity, Dec. 31 | ? | 3392 | ||||
| Net Income | 1019 | ? | ||||
Net income for 2021 is:
A. $231 income.
B. $740 loss.
C. $231 loss.
D. $740 income.
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Auditing And Systems Exam Questions And Explanations
Authors: Irvin N. Gleim, William A Hillison
18th Edition
1581943016, 978-1581943016
