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Business, 03.08.2019 01:20 makennahudson94

Stosch company's balance sheet reported assets of $87,000, liabilities of $24,000 and common stock of $21,000 as of december 31, 2015. if retained earnings on the december 31, 2016 balance sheet is $54,000 and stosch paid a $23,000 dividend during 2016, then the amount of net income for 2016 was which of the following? $23,000 $35,000 $12,000 $42,000

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Stosch company's balance sheet reported assets of $87,000, liabilities of $24,000 and common stock o...
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