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The information presented here represents selected data from december 31 2019, balance sheets and income statements for the year then ended flr three firms Calculate
The information presented here represents selected data from december 31 2019, balance sheets and income statements for the year then ended flr three firms
Calculate the missing amounts for each firm:
Total assets, 12/31/19 Total liabilities, 12/31/19 Paid-in capital, 12/31/19 Retained earnings, 12/31/19 Net income for 2019 Dividends declared and paid during 2019 Retained earnings, 1/1/19 Firm A Firm B Firm C $ 405,000 $ 532,000 $ 325,000 218,000 138,000 79,000 33,000 304,000 86,000 113,000 58,000 28,000 72,000 75,000 47,000
The information presented here represents selected data from december 31 2019, balance sheets and income statements for the year then ended flr three firms
Calculate the missing amounts for each firm:
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