Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of stockholders' equity. The data is, total assets at the begining of the year $104,500 and the total liabilities at the begining of the year are $41,800. The end of the year total assets are $167,200 and the total liabilities are $70,200. Cancer: no additional common stock was issued, and no dividends were paid Libra: no additional common stock was issued, but dividends of $8,200 were paid Sagittarius: additional common stock of $24,600 was issued, but no dividends were paid Virgo: additional common stock of $35,300 was issued, and dividends of $7,500 were paid
Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same
Cancer: no additional common stock was issued, and no dividends were paid
Libra: no additional common stock was issued, but dividends of $8,200 were paid
Sagittarius: additional common stock of $24,600 was issued, but no dividends were paid
Virgo: additional common stock of $35,300 was issued, and dividends of $7,500 were paid
I need to find the net income for each.
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