Question
X Company reported the following balance sheet information for 2019: January 1 December 31 Total Assets $15,826 $18,403 Liabilities 7,089 5,532 Paid-in Capital 5,763 6,476
X Company reported the following balance sheet information for 2019: January 1 December 31 Total Assets $15,826 $18,403 Liabilities 7,089 5,532 Paid-in Capital 5,763 6,476 Retained Earnings 2,974 6,395 Total Equities $15,826 $18,403
Assume that no dividends were paid in 2019. What was Net Income in 2019?
answer:
A: $2,371 B: $2,679 C: $3,027 D: $3,421 E: $3,866 F: $4,368
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Operational Assessment Of IT Internal Audit And IT Audit
Authors: Steve Katzman
1st Edition
0367567946, 978-0367567941
