Question: With respect to the balance sheet, an increase in equity of $ 2 , 0 0 0 with an increase in net income to $
With respect to the balance sheet, an increase in equity of $ with an increase in net income to $ leads us to believe:
Question options:
a
The firm paid a dividend of $
b
The firm plowed $ back into the company
c
$ went into retained earning
d
Debt increased by $
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