Use the Following Appropriate Amounts to Calculate Net Income: Revenues,$12,000;Liabilities,$5,000;Expenses,$4,000;Assets,$19,000;Dividends,$4,000
Multiple Choice
Use the following appropriate amounts to calculate net income: Revenues,$12,000;Liabilities,$5,000;Expenses,$4,000;Assets,$19,000;Dividends,$4,000.
A) $6,000.
B) $8,000.
C) $4,000.
D) $14,000.
Correct Answer:

Verified
Correct Answer:
Verified
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