Davis Construction Inc Davis Construction began operation on January 1, 2012, with an initial investment of $100,000 from each of its three stockholders. During the year ending 2012 Davis Construction had net income of $125,000 and paid dividends of $50,000. Refer to Davis Construction. If Davis Construction's revenues were $500,000 for the year ended December 31, 2012, how much were total
expenses?
A) $450,000
B) $375,000
C) $325,000
D) $625,000
B
Business
You might also like to view...
The marketing mix consists of the product, the price, distribution and:
A) emotions B) promotions C) delivery systems D) services
Business
The most common occupational frauds in small businesses involve employees doing all of the following EXCEPT:
a. skimming revenues. b. fraudulently writing company checks. c. processing fraudulent invoices. d. altering financial statement.
Business
The purchase of a specialty product typically involves extended problem solving for the consumer
Indicate whether the statement is true or false
Business
______ is an organization of 189 countries with the primary purpose of working to keep the international monetary system relatively stable.
a. IMF b. WTO c. TPP d. EU
Business