Assume that a firm had shareholders' equity on the balance sheet at a book value...
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Accounting
Assume that a firm had shareholders' equity on the balance sheet at a book value of $1,500 at the end of 2010. During 2011 the firm earns net income of $1,900, pays dividends to shareholders of $200, and issues new stock to raise $500 of capital. The book value of shareholders equity at the end of 2011 is:
A.
$250
B.
$3,700
C.
$2,750
D.
$1,450
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