If the firm issued no stock during the year the dividends, Ask an Expert

Accounting

Here are the 2008 and 2009 balance sheets:
Assets 2008 2009 Liability+equity 2008 2009
Current Assets 310 420 Current Liabilities 210 240
Fixed Assets 1200 1420 Long-term debt 830 920

If the firm issued no stock during the year, the dividends issued were $100, what's the net income over the period?

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Accounting Basics, Accounting

Category:- Accounting Basics
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