Vandever Company's balance sheet reported assets of $42,000, liabilities of $15,000 and common stock of $12,000 as
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Vandever Company's balance sheet reported assets of $42,000, liabilities of $15,000 and common stock of $12,000 as of December 31, 2012. If Retained Earnings on the December 31, 2013 balance sheet is $18,000 and Vandever paid a $14,000 dividend during 2013, then the amount of net income for 2013 was which of the following?
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Strategic Management A Competitive Advantage Approach Concepts
ISBN: 978-0133444797
15th edition
Authors: Fred R. David, Forest R. David
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