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Swifty Corporation compiled the following financial information as of December 31, 2017: Service revenue $1179000 Common stock 250000 Equipment 304000 Operating expenses 976000 Cash 285000
Swifty Corporation compiled the following financial information as of December 31, 2017:
| Service revenue | $1179000 |
| Common stock | 250000 |
| Equipment | 304000 |
| Operating expenses | 976000 |
| Cash | 285000 |
| Dividends | 79000 |
| Supplies | 36000 |
| Accounts payable | 158000 |
| Accounts receivable | 117500 |
| Retained earnings, 1/1/17 | 569000 |
Swifty stockholders equity on December 31, 2017 is:
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Corporate Financial Reporting And Analysis
Authors: S David Young, Jacob Cohen, Daniel A Bens
4th Edition
111949463X, 9781119494638
