josemartinez4793 josemartinez4793
  • 20-08-2018
  • Business
contestada

Zapper has beginning equity of $265,000, net income of $55,000, dividends of $44,000 and stockholder investments of $10,000. its ending equity is:

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Rupicapra Rupicapra
  • 29-08-2018

Answer: Ending equity is $286,000

We have:

Beginning Equity (BE) = $265000

Net Income (NI) = $55000

Dividends (D) = $44000

Stockholder Investments (SI) = $10000

[tex] Ending Equity = BE + NI - D +SI [/tex]

[tex] Ending Equity = 265000 + 55000 - 44000 +10000 [/tex]

[tex] Ending Equity = 286000 [/tex]

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