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Which of the following statements about financial statement information is correct? Multiple Choice O O...

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Accounting

Which of the following statements about financial statement information is correct? Multiple Choice O O If a company has total revenues of $80,000, total expenses of $50,000 and dividends of $10,000, they will have net income of $20,000. A company with total stockholders' equity of $45,000 and total assets of $75,000 must have total liabilities of $120,000. A company with liabilities of $80,000 and stockholders' equity of $50,000 will have assets of $30,000. A company with total stockholders' equity of $120,000 and common stock of $75,000 must have total retained earnings of $45,000.
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Which of the following statements about financial statement information is correct? Muitiple Choice If a company has total revenues of $80,000, total expenses of $50,000 and dividends of $10,000, they will have net income of $20,000. A company with liabilites of $80,000 and stockholders' equity of $50,000 will have assets of $30,000. A company with total stockholders' equity of $120,000 and common stock of $75,000 must have total retained earnings of $45,000

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