Zapper has beginning equity of $257,000,net income of $51,000,dividends of $40,000 and stockholder investments of $6,000.Its ending equity is:

Name: Zapper has beginning equity of $257,000,net income of $51,000,dividends of $40,000 and stockholder investments of $6,000.Its ending equity is:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ending equity is calculated by starting with the beginning equity, adding net income, adding stockholder investments, and subtracting dividends. So, $257,000 + $51,000 + $6,000 - $40,000 = $274,000.

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