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Marilu Company Began the Year with Equity of $30,000

Question 13

Multiple Choice

Marilu Company began the year with equity of $30,000.During the year, Marilu issued additional ordinary shares in exchange for cash of $42,000, recorded expenses of $120,000, and paid dividends of $8,000.If Marilu's ending equity was $92,000, what was the company's revenue for the year?


A) $140,000.
B) $148,000.
C) $182,000.
D) $190,000.

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