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The following is data for Cogswell Cogs: 2018 2019 Common stock equity, year-end 2017 10500 Comprehensive income 2,300 2,900 Dividends 45 57 Required return 19%
| The following is data for Cogswell Cogs: | |||||
| 2018 | 2019 | ||||
| Common stock equity, year-end 2017 | 10500 | ||||
| Comprehensive income | 2,300 | 2,900 | |||
| Dividends | 45 | 57 | |||
| Required return | 19% | ||||
| What is residual income for 2018? | |||||
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
