Essay
Use the following information for DeltaCo for the year ended December 31,2011 to answer the questions below.Assume no new common stock was issued during the year.
1.What were the total revenues for the year?
2.What was the dividend during the year?
3.What were the total liabilities on the balance sheet at December 31,2011?
4.How much is contributed capital at December 31,2011?
Correct Answer:

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1.$900 = $700 + 200
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