Nash's Trading Post, LLC began 2022 with total stockholders equity of $1270000, including retained earnings...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Nash's Trading Post, LLC began 2022 with total stockholders equity of $1270000, including retained earnings of $925000. During the year, the company issued $1250000 of common stock, recorded expenses of $3500000, and paid dividends of $235000. If Nash's ending retained earnings was $985000, what was the companys revenue for 2022?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!