Calculation of net income from the change in stockholders' equity.Presented below is certain information pertaining to Edson Company. 
Compute the net income for the year.
Definitions:
Interest Rate
The percentage of a sum of money charged for its use, which can be seen as the cost of borrowing money or the return on saving.
Rule Of 70
A method used to estimate the number of years it will take for a variable to double, calculated by dividing 70 by the annual growth rate.
Interest Rate
The proportion of a specified sum that is added as a charge for borrowing it, usually stated as an annual rate.
Utility Function
A mathematical representation describing how a consumer ranks different bundles of goods according to levels of satisfaction.
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