Below is the common equity section (in millions) of Timeless Technology's last two year-end balance sheets: 
The firm has never paid a dividend to its common stockholders.Which of the following statements is CORRECT?
A) The company's net income in 2019 was higher than in 2018.
B) The firm issued common stock in 2019.
C) The market price of the firm's stock doubled in 2019.
D) The firm had positive net income in both 2018 and 2019,but its net income in 2019 was lower than it was in 2018.
E) The company has more equity than debt on its balance sheet.
Correct Answer:
Verified
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