financial accounting questions 10 – Custom Nursing Help
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Aqua Products offers water purifying solutions. At the end of the current period, the company reports the following amounts: Assets = $90,000; Liabilities = $40,000; Dividends = $3,000; Revenues = $20,000; Expenses = $12,000.
Required:
- Calculate net income.
- Calculate stockholders’ equity at the end of the period.
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