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During the​ year, ​, ​Inc., has in​ revenues, in​ expenses, and in dividend payments.​ Stockholders' equity changed by

Respuesta :

Answer:

$198,000

Explanation:

Here is the full question used in answering this question :

During the year, Fast/Wash Inc., has $310,000 in revenues, $105,000 in expenses, and $7,000 in dividend payments. Stockholders equity changed by

Change in stockholders equity = +310,000 -  $105,000 -  $7,000 = $198,000

Income increases stockholders equity while, dividend payments and expenses reduce stockholders equity.

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