begl $1.98 million. a. quity balance was Mateo is a not-for profit organization.

Question

begl $1.98 million. a. quity balance was Mateo is a not-for profit organization. What as ume that San Mateo is an investor-owned business its net income for the period ero dividends, what was San Mateo's net incomeà $200,000 in dividends, what was its net income? ing $200,000 in dividends and $300,000 in additional sales, what was San Mateo's net income? ncial statement information on four not-for-profit clinics: sto statem 43 Here is PittmanRoe Beckman Jaffe December 31, 2014 Assets Liabilities Equity $80,000 $100,000 $150,000 50,000 d $75,000 j 60,000 45,000 90,000 December 31, 2015: 130,000 180,000 k Assets Liabilities Equity 55,000 62,000 h 80,000 45,000e 110,000 145,000 During 2015 Total revenues Total e 400,000 i500,000 xpenses330,000f 360,000 in the missing values labeled a through I

Explanation / Answer

Pittman Rose Beckman Jaffe Dec 31 2014 Assets 80000 100000 120000 150000 Liabilities 50000 40000 75000 60000 Equity 30000 60000 45000 90000 Dec31 2015 Assets 100000 130000 180000 225000 Liabilities 55000 62000 70000 80000 Equity 45000 68000 110000 145000 During 2015 Total revenues 345000 400000 425000 500000 Total expense 330000 392000 360000 445000

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