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The net income of Thomas Corporation was $72,000 for this year. The beginning balance of stockholders' equity was $30,000 and the ending balance was $71,000.
The net income of Thomas Corporation was $72,000 for this year. The beginning balance of stockholders' equity was $30,000 and the ending balance was $71,000. The company issued no common stock during the year. What was the amount of dividends distributed during the year? A. $31,000 B. $143,000 C. $71,000 D. $30,000 Step by Step Solution
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
