Essay
The stockholders' equity section of the Music, Inc.'s 2016 balance sheet follows together with a portion of its statement of cash flows:
A. Calculate the net income of Music, Inc. in 2016 using the above information.
B. Calculate the average dollar per share received for common stock issued during 2016.
C. What is the dividend per share paid in 2016?
Correct Answer:
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A. Retained earnings of 2015 + Net incom...View Answer
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