At the end of the current year, the owners' equity in Durante Co. is now $385,000. During the year, the assets of the business had increased by $79,000 and the liabilities had increased by $138,000. What must Owners' equity at the beginning of the year have been?

Net Income for the Year?

At the beginning of the year, Keller Company's liabilities equal $60,000. During the year, assets increase by $80,000, and at year-end assets equal $180,000. Liabilities decrease $10,000 during the year. What are the beginning and ending amounts of equity?

The balance sheets of HR, Inc. reports total stockholders' equity of $550,000 and $750,000 at the beginning and end of the year, respectively. The return on equity for the year is 20%.  What is HR's net income for the year?

KJ Inc. just reported a net income of 630 in its most recent year and paid a dividend of 390. If the previous year's Retained Earnings was 1920, what was the most recent Retained Earnings?

At the end of last year, the company's assets totaled $877,000 and it's liabilities totaled $748,500.....

Need Answer to Question

For the year, the Bridgewater Co. has net income of $27,400, net new equity of $12,000, and an addition to retained earnings of $19,600. What is the amount of the dividends paid?

Last​ year, net profits of a company were nine-elevenths of revenue. If the company declared a dividend of ​$14983 and two-seventeenths of the net profit was retained in the​ company, what was last​ year's revenue?

At the beginning of the current fiscal year, the balance sheet for Davis Company showed liabilities of $288,000. During the year, labilmes decreased by $16,200, assets increased by $58,500, and paid-in capital increased from $27,000 to $172,800 Dividends declared and paid during the year were $22,500. At the end of the year, stockholders' equity totaled $386,100 Required: a. Calculate net income (or loss) for the year. Indicate the financial statement effect Complete this question by entering your answers in the tabs below. Required A1 Required A2 Calculate net income (or loss) for the year. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Beginning $599,000 Changes 58.500 Changes Ending S657,900 Stockholders' Equity Liabilities $ 280,000+ (16,200) RE 284,400 48.600 Not loss 22.500 [Dividends $271,800+ $ 172.800 $ 213,300 ($386,100 total SE) PIC $ 27,000+$ 145.800+