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Le Bateau Company Began Operations on March 1, 2014

Question 18

Multiple Choice

Le Bateau Company began operations on March 1, 2014. During March, Le Bateau sold ordinary shares for €6,750,000 and incurred a net loss of €915,000. Equity at the end of March is


A) (€915,000) .
B) €5,835,000.
C) €7,665,000.
D) cannot be determined from the information given.

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