Swifty Corporation compiled the following financial information as of December 31, 2022: Service revenue $848000 Common stock 179000 Equipment 247000 Operating expenses 729000 Cash 223000 Dividends 62000 Supplies Accounts payable 32000 119000 Accounts receivable 90000 Retained earnings, 1/1/22 450000 Swifty's retained earnings on December 31, 2022 are: O $450000. O $32000. O $542000. O $507000.
Swifty Corporation compiled the following financial information as of December 31, 2022: Service revenue $848000 Common stock 179000 Equipment 247000 Operating expenses 729000 Cash 223000 Dividends 62000 Supplies Accounts payable 32000 119000 Accounts receivable 90000 Retained earnings, 1/1/22 450000 Swifty's retained earnings on December 31, 2022 are: O $450000. O $32000. O $542000. O $507000.
Chapter1: Financial Statements And Business Decisions
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