Cragmont Has Beginning Equity of $277,000,net Income of $63,000,dividends of $25,000

question 92

Multiple Choice

Cragmont has beginning equity of $277,000,net income of $63,000,dividends of $25,000 and no additional investments by stockholders during the period.Its ending equity is:

• A)$365,000.
• B)$239,000.
• C)$189,000.
• D)$315,000.
• E)$277,000.

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Definitions:

Biology

The scientific study of life and living organisms, including their structure, function, growth, evolution, distribution, and taxonomy.

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Organisms

Individual living entities that can react to stimuli, reproduce, grow, adapt, and maintain homeostasis.

Breed

Refer to the process of mating and producing offspring in animals, or to a specific strain or variety of an animal or plant developed through selective breeding.