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FastForward Has Beginning Equity of $257,000,net Income of $51,000,dividends of $40,000,and

Question 145

Multiple Choice

FastForward has beginning equity of $257,000,net income of $51,000,dividends of $40,000,and investments by owners in exchange for stock of $6,000.Its ending equity is:


A) $223,000
B) $240,000
C) $268,000
D) $274,000
E) $208,000

Correct Answer:

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