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Required information Skip to question [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company
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[The following information applies to the questions displayed below.]
The following financial statement information is from five separate companies.
Company A | Company B | Company C | Company D | Company E | |
---|---|---|---|---|---|
Beginning of year | |||||
Assets | $ 43,000 | $ 33,540 | $ 27,520 | $ 76,540 | $ 117,390 |
Liabilities | 35,260 | 23,478 | 14,860 | 52,812 | ?question mark |
End of year | |||||
Assets | 48,000 | 34,560 | ?question mark | 87,360 | 132,480 |
Liabilities | ?question mark | 23,500 | 15,758 | 41,932 | 104,659 |
Changes during the year | |||||
Stock issuances | 6,000 | 1,400 | 9,750 | ?question mark | 6,500 |
Net income (loss) | 11,360 | ?question mark | 5,100 | 14,700 | 8,843 |
Cash dividends | 3,500 | 2,000 | 5,875 | 0 | 11,000 |
Required:
1a. What is the amount of equity at the beginning of the year for Company A?
1b. What is the amount of equity at the end of the year for Company A?
1c. What is the amount of liabilities at the end of the year for Company A?
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