If a company has opening equity of $50,000 and closing equity of $80,000, how much from did the company make during the period?

Presented below is information related to Bryant Company. Required: How much did Bryant Company have in revenues for the year? Assets, January 1 Liabilities, January 1 Assets, December 31 Liabilities, December 31 Issuance of stock Revenues Expenses Dividends X $ 41,000 24,000 63,000 42,000 2,800 0 2,600 2,400 5

At the beginning of the year, Martinez Company had total assets of $968,000 and total liabilities of $581,000. Answer the following questions. Please note that the scenarios given below are independent. (a) If total assets increased $171,000 during the year and total liabilities decreased $62,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity $

The balance sheet of HR, Inc. reports total equity of $900,000 and $1,100,000 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? Select one: a. $200,000 b. $180,000 c. $198,000 d. $162,000 e. $220,000 Clear my choice

At the beginning of the year, Quaker Company's liabilities equal $55,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease by $17,000 during the year. What are the beginning and ending amounts of owners' equity?