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Savvy Sightseeing Had Beginning Equity of $72,000; Revenues of $90,000,expenses

Question 276

Multiple Choice

Savvy Sightseeing had beginning equity of $72,000; revenues of $90,000,expenses of $65,000,and dividends to stockholders of $9,000.There were no stockholder investments during the year.Calculate ending equity.


A) $88,000.
B) $25,000.
C) $97,000.
D) $38,000.
E) $47,000.

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