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Business, 13.12.2019 02:31 naomicervero
Natasha has a big decision to make—she could either spend spring break at the beach with her friends or spend it volunteering to clean up a town devastated by a hurricane. she decides to poll her social media followers and let them decide for her.
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Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
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