Question
Sunland Company began the year with stockholders' equity of $108200. During the year, Sunland issued stock for $148400, recorded expenses of $424000, and paid
Sunland Company began the year with stockholders' equity of $108200. During the year, Sunland issued stock for $148400, recorded expenses of $424000, and paid dividends of $28100. If Sunland's ending stockholders' equity was $289500, what was the company's revenue for the year?
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
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