1 - Texas Tech University
to stockholders of . $50,000, and they . issued additional Common Stock. during 2018 of . $30,000. Based on this information, what would be the balance of . Stockholders’ Equity for Pearce Inc. at 12/31/2018? Stockholders’ Equity Beginning Balance $406,000. Net Income $ 48,000. Cash Dividends $( 50,000) Common Stock $ 30,000 ................
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