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Use the following to answer questions 11-14 The company reports the following amounts at the end of the year: Dividends Liabilities Expenses Revenues Assets Common
Use the following to answer questions 11-14 The company reports the following amounts at the end of the year: Dividends Liabilities Expenses Revenues Assets Common stock $125,000 445,000 421,000 687,000 990,000 300,000 11. 5. 12. $ Calculate net income Calculate stockholders' equity at the end of the period. Calculate ending retained earnings: Calculate beginning retained earnings: 13. $ 14 $ Chapter 1 Page 11
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