During the Last Year Alpha Co Had Net Income of $150

question 42

Multiple Choice

During the last year Alpha Co had Net Income of $150, paid $20 in dividends, and sold new stock for $40. Beginning equity for the year was $700. Ending Equity was:

• A)$830.
• B)$840.
• C)$850.
• D)$870.

---

Definitions:

Acute Care

Short-term treatment provided in hospitals for patients suffering from severe injury or illness, an urgent medical condition, or during recovery from surgery.

Chronic Disease

A long-lasting condition that can be controlled but not cured.

Hospice Programs

Care programs focused on providing comfort and support to patients and their families during the end stages of a terminal illness, emphasizing palliative care.

Supportive Care

Medical care given to improve the quality of life for patients with serious health conditions, often focusing on symptom management.