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Univeo Inc. had revenues of $245,000, expenses of $180,000, and dividends of $45,000 during 2015. Which of the following statements is correct? a. net income
Univeo Inc. had revenues of $245,000, expenses of $180,000, and dividends of $45,000 during 2015. Which of the following statements is correct? a. net income for 2015 totaled $20,000 b. total retained earnings decreased by $20,000 during 2015 c. total retained earnings decreases by $65,000 during 2015 d. nye income for 2015 totaled $65,000
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