Question
X Company reported the following balance sheet information for 2019: January 1December 31 Total Assets$15,306$19,985Liabilities6,6665,316Paid-in Capital4,8778,054Retained Earnings 3,763 6,615 Total Equities$15,306$19,985 Assume that no dividends
X Company reported the following balance sheet information for 2019:
January 1December 31Total Assets$15,306$19,985Liabilities6,6665,316Paid-in Capital4,8778,054Retained Earnings3,7636,615Total Equities$15,306$19,985
Assume that no dividends were paid in 2019. What was Net Income in 2019?
A: $645B: $936C: $1,356D: $1,967E: $2,852F: $4,135
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
