PART 1- You gathered the following partial information about Company B for the year 2020. Use this information to answer 1-4 below. Long-term liabilities 20,000 Dividends 5,000 Total assets ? Current liabilities 11,000 Revenue 600,000 Common stock 22,000 $ 100,000 25.000 Net income for 2020 Retained Earnings, January 1, 2020
PART 1- You gathered the following partial information about Company B for the year 2020. Use this information to answer 1-4 below. Long-term liabilities 20,000 Dividends 5,000 Total assets ? Current liabilities 11,000 Revenue 600,000 Common stock 22,000 $ 100,000 25.000 Net income for 2020 Retained Earnings, January 1, 2020
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer questions 4 and 5
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