Multiple Choice
Marilu Company began the year with equity of $75,000. During the year, Marilu issued additional ordinary shares in exchange for cash of $105,000, recorded expenses of $300,000, and paid dividends of $20,000. If Marilu's ending equity was $230,000, what was the company's revenue for the year?
A) $350,000.
B) $370,000.
C) $455,000.
D) $475,000.
Correct Answer:
Verified
Correct Answer:
Verified
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