12. C Company had total liabilities and total stockholders’ equity at the end of 2005 of $200,000 and $300,000, respectively. During 2006, C Company’s net income was $200,000, and it declared and paid dividends of $100,000. At the end of 2006, C Company’s total liabilities were $300,000. C Company’s total assets at the end of 2006 were:
A) $700,000.
B) $800,000.
C) $900,000.
D) $500,000.
E) $600,000.
i put E and answer is A, what did i do wrong?
2006-10-09
07:18:41
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2 answers
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asked by
Diggler AKA The Cab Driver
1
in
United States