Social Science Clinic > Accounting
Information for Snow Inc.'s first year of operations is presented below:Revenues$70,000Retained ...
clippers!:
Information for Snow Inc.'s first year of operations is presented below:
Revenues$70,000Retained Earnings 12/31/20XX14,000Dividends 7,000What 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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