Zapper Has Beginning Equity of $257,000, Net Income of $51,000

question 40

Multiple Choice

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. Its ending equity is:

• A)$223,000.
• B)$240,000.
• C)$268,000.
• D)$274,000.
• E)$208,000.

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