Question
The following financial statement information is from five separate companies. Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year
The following financial statement information is from five separate companies. Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Stock issuances Net income (loss) Cash dividends Company A Company B Company C Company D Company E $ 35,000 28,700 $ 27,300 19,110 $ 22,400 12,096 $ 62,300 $ 95,550 42,987 ? 40,000 28,800 ? 72,800 110,400 ? 19,584 13,132 34,944 87,216 6,000 1,400 9,750 ? 6,500 9,200 ? 5,200 11,543 8,574 3,500 2,000 5,875 11,000 Problem 1-2A (Algo) Part 1 @equired: a. What is the amount of equity at the beginning of the year for Company A? b. What is the amount of equity at the end of the year for Company A? c. What is the amount of liabilities at the end of the year for Company A?
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