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During July, Its First Period of Operations, Aju Inc W960,000,000 \mathrm{W} 960,000,000

Question 9

Multiple Choice

During July, its first period of operations, Aju inc. sold ordinary shares for W960,000,000 \mathrm{W} 960,000,000 , earned net income of W110,000,000 W 110,000,000 , and paid dividends of W27,000,000 W 27,000,000 . Equity at the end of July is


A) W1,070,000,000
B) W1,043,000,000
C) W933,000,000
D) W83,000,000

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