Required information
[The following information applies to the questions displayed below.]
The following financial statement information is from five separate companies.
Company C
$ 20,480
11,059
Beginning of year
Assets
Liabilities
End of year
Assets
Liabilities
Changes during the year
Stock issuances
Net income (loss)
Cash dividends
Company A
$ 32,000
26,240
37,000
6,000
8,390
3,500
Company B
$ 24,960
17,472
26,640
18,115
1,400
?
2,000
?
12,147
9,750
5,400
5,875
2a. What is the amount of equity at the beginning of the year for Company B?
2b. What is the amount of equity at the end of the year for Company B?
2c. Compute the net income of the year for Company B.
Complete this question by entering your answers in the tabs below.
Company D
$ 56,960
39,302
Answer is complete but not entirely correct.
67,340
32,323
?
10,359
0
Company E
$ 87,360
?
102, 120
80,674
6,500
8,474
11,000