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Exhibit 2-1 -Refer to Exhibit 2-1.What Is Net Income,assuming $50,000 of Stock

Question 56

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Exhibit 2-1
Exhibit 2-1 -Refer to Exhibit 2-1.What is net income,assuming $50,000 of stock was issued and $25,000 of dividends were paid? A) $110,000 B) $150,000 C) $190,000 D) $15,000
-Refer to Exhibit 2-1.What is net income,assuming $50,000 of stock was issued and $25,000 of dividends were paid?


A) $110,000
B) $150,000
C) $190,000
D) $15,000

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