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Cragmont Has Beginning Equity of $277,000,net Income of $63,000,dividends of $25,000

Question 92

Multiple Choice

Cragmont has beginning equity of $277,000,net income of $63,000,dividends of $25,000 and no additional investments by stockholders during the period.Its ending equity is:


A) $365,000.
B) $239,000.
C) $189,000.
D) $315,000.
E) $277,000.

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