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The financial statements of Ridgeview Employment Services, Inc., reported the following accounts: (Click the icon to view the list of accounts.) Read the requirements.
The financial statements of Ridgeview Employment Services, Inc., reported the following accounts: (Click the icon to view the list of accounts.) Read the requirements. (Click the icon to view the statement of stockholders' equity.) - Paid-in capital in excess of par 340,000 Total revenues 1,760,000 Notes Payable (short-term) 58,000 Accounts payable 220,000 Common stock, $0.01 par 800,000 shares issued Long-term debt Retained earnings 666,000 8,000 Other current liabilities 340,000 27,000 Total expenses 1,060,000 Calculate the following for Ridgeview Employment Services: a. Net income Data table Ridgeview's net income is $ 700,000 b. Total liabilities Ridgeview's total liabilities are Print Done
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