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Eagle Corp. operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the company reports the following amounts: Assets = $46,000; Liabilities = $25,000; Dividends = $2,600; Revenues = $13,200; Expenses = $8,600.
1. Calculate net income.
2. Calculate stockholders’ equity at the end of the period.
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Eagle Corp. operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end o...
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