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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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