Business, 18.10.2019 17:30 merunikitty1226
)beewell's net income for the year ended december 31, year 2 was $197,000. information from beewell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2.
at december 31 year 2 year 1
common stock, $5 par value $ 512,000 $ 460,800
paid-in capital in excess of par 960,000 863,800
retained earnings 700,000 592,800
a) $ 96,200
b) $51,200
c) $147,400
d) $197,000
e) $107,200
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)beewell's net income for the year ended december 31, year 2 was $197,000. information from beewell'...
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