Sugar Industries has provided the following data for its 2022 operations (ignore income taxes): 2022 revenues were $150,

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Sugar Industries has provided the following data for its 2022 operations (ignore income taxes): 2022 revenues were $150,

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Sugar Industries Has Provided The Following Data For Its 2022 Operations Ignore Income Taxes 2022 Revenues Were 150 1
Sugar Industries Has Provided The Following Data For Its 2022 Operations Ignore Income Taxes 2022 Revenues Were 150 1 (37.2 KiB) Viewed 24 times
Sugar Industries has provided the following data for its 2022 operations (ignore income taxes): 2022 revenues were $150,900. 2022 expenses were $76,500. Dividends declared and paid during 2022 totaled $15,450. Total assets at December 31, 2022 were $289,500. Total liabilities at December 31, 2022 were $181,500. Common stock at December 31, 2022 was $66,000. Which of the following is correct? Total stockholders' equity at December 31, 2022 was $351,600. 2022 net income was $58,950. Retained earnings at December 31, 2022 were $58,950. Retained earnings at December 31, 2022 were $42,000.
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