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Business, 24.03.2020 23:14 jessica6597

On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was Retained Earnings. Additional data for 2021 and 2022:

2021 2022
Net Income $450 $210
Common Stock Issued 330 100
Dividends Declared and Paid 170 0

Total Equity at 12/31/22 was:

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On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was Retained Earnings. Add...
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