During the year, Mega, Inc had revenues of 400,000 of which ...

[NClaborn]

During the year, Mega, Inc had revenues of 400,000 of which 310,000 was collected from customers. It also had expenses of 360,000 of which 280,000 was paid. The shareholders were paid 20,000 in dividends. Net income for the year equals ________.
 
  A) 10,000
  B) 30,000
  C) 40,000
  D) 20,000

Question 2

Each person authorized to sign checks must sign a(n) ___________________ _.
 Fill in the blank(s) with correct word

[Jody Vaughn]

Answer to Question 1

C

Answer to Question 2

signature card

[NClaborn]

TYSM

[amynguyen1221]

Thanks for the timely response, appreciate it