Concord Corporation began 2025 with total stockholders' equity of $1273000, including retained earnings of $925000, During the year, the company issued $1272000 of common stock, recorded expenses of $3635000, and paid dividends of $241000. If Concord's ending retained earnings was $985000, what was the company's revenue for 2025? O $3695000 O $5208000 O $3936000 O $4967000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Concord Corporation began 2025 with total stockholders' equity of $1273000, including retained earnings of $925000. During the
year, the company issued $1272000 of common stock, recorded expenses of $3635000, and paid dividends of $241000. If Concord's
ending retained earnings was $985000, what was the company's revenue for 2025?
O $3695000
O $5208000
O $3936000
O $4967000
Transcribed Image Text:Concord Corporation began 2025 with total stockholders' equity of $1273000, including retained earnings of $925000. During the year, the company issued $1272000 of common stock, recorded expenses of $3635000, and paid dividends of $241000. If Concord's ending retained earnings was $985000, what was the company's revenue for 2025? O $3695000 O $5208000 O $3936000 O $4967000
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