During the year, EcoWash, Inc., has $120...s equity changed by:
举一反三
- During the year, EcoWash, Inc., has $120,000 in revenues, $50,000 in expenses, and $4,000 in dividend payments. EcoWash had net income (or net loss) of
- West, Inc., started the year with $80,000 in direct materials. During the year West, Inc., purchased $535,000 in direct materials, and used $515,000 in materials. The direct materials inventory on the balance sheet is:
- The family in the western world A: has changed a lot during the last two centuries B: hasn't changed at all during the last two centuries C: has changed a little during the last two centuries D: has become bigger and bigger
- A balance sheet reports:（ ）. A: the assets, liabilities, and owner’s equity on a particular date. B: the difference between revenues and expenses during the period. C: the change in the owner’s equity during the period. D: the cash receipts and cash payments during the period.
- During the current year, the total assets of Mifflinburg Corporation decreased by $60,000 and totalliabilities decreased by $300,000. The company issued $100,000 of new stock, and its net incomefor the year was $250,000. No other changes to stockholders’ equity occurred during the year.The dollar amount of dividends declared by the company during the year is A: $100,000. B: $200,000. C: $110,000. D: $250,000.