Asked by Kimberly
During 2013, Moore Corporation paid $14,000 of dividends. Moore's assets, liabilities, and common stock at the end of 2012 and 2013 were:
12/31/2012
Total Assets:$144,200
Total Liabilities:$52,600
Common Stock:$60,000
12/31/2013
Total Assets:$178,500
Total Liabilities:$59,700
Common Stock:$60,000
Using the information provided, compute Moore's net income for 2013.
12/31/2012
Total Assets:$144,200
Total Liabilities:$52,600
Common Stock:$60,000
12/31/2013
Total Assets:$178,500
Total Liabilities:$59,700
Common Stock:$60,000
Using the information provided, compute Moore's net income for 2013.
Answers
Answered by
Kay
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