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Question

Crane Company began the year with stockholders' equity of $30700. During the year, Crane issued additional shares

of stock in exchange for cash of $43200, recorded expenses of $136000, and paid dividends of $7900. If Crane's ending stockholders' equity was $102000, what was the company's revenue for the year?


A. $164100.


B. $207300.


C. $215200.


D. $172000.

Top Answer

Revenue = ( stockholders' equity at ending balance - Additional... View the full answer

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