Business, 26.03.2020 19:23 tstaples02
Dynamic Production Services started the year with total assets of $ 130 comma 000 and total liabilities of $ 50 comma 000. The revenues and the expenses for the year amounted to $ 140 comma 000 and $ 50 comma 000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $ 45 comma 000. Calculate Dynamic's net income for the year.
Answers: 2
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Dynamic Production Services started the year with total assets of $ 130 comma 000 and total liabilit...
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