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Information for Snow Inc.'s first year of operations is presented below:Revenues$70,000Retained ...

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clippers!:
Information for Snow Inc.'s first year of operations is presented below:
Revenues$70,000​Retained Earnings 12/31/20XX14,000​Dividends  7,000​What was Snow's net income for the year?
◦ $49,000
◦ $21,000
◦ $70,000
◦ Cannot be determined from the information given.

daiying98:
$21,000

Andrew Shin:
Thank you

isuk 741:
thank you

Macguire Morien:
thank you

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