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During the year. The Weber Company issued $4,000 in new shares, recognized revenues of $73,000 and declared dividends of $20,000. What was the net income of The Weber Company in 2010? The following info was provided: As of Dec 31st, 2010 The Weber Company had $47,000 in Cash and Marketable Securities, $108,000 in Total Assets, and $56,000 in Total Liabilities. As of December 31, 2009, The Weber Company had $44,000 in Cash and Markteable Securities, $80,000 in Total Assets and $42,000 in Total Liabilities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M974062

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