Business, 12.07.2019 12:00 jordanlacie65

Precision camera services started the year with total assets of $90,000 and total liabilities of $65,000. the revenues and the expenses for the year amounted to $100,000 and $70,000, respectively. during the year, the company did not issue any common stock, but it distributed dividends of $40,000. what is the amount of stockholders' equity at the end of the year?

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Precision camera services started the year with total assets of $90,000 and total liabilities of $65...

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