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At the beginning of the year, paid-in capital was $164 and retained earnings was $94.During the year, the stockholders invested $48 and dividends of $12 were declared and paid.Retained earnings at the end of the year were $104. Net income for the year was:
Cellphone
A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.
World Wide Web
The World Wide Web is a global system of interconnected documents and resources, accessed via the Internet, enabling the sharing of information and multimedia across vast distances.
Networked Individualism
A social structure in which individuals operate independently, yet remain connected through broad, complex networks facilitated by technology.
Barry Wellman
A sociologist known for his work in the field of social network analysis and for being a pioneer in the study of communities in the digital age.
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