Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers
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MJG Company has the following information: *Net Loss = 100,000 *Total Assets = 3,000,000 *Common Stock, Dec 31 = 1,000,000 *Additional Paid in Capital = 500,000 *Dividends Declared = 700,000 The debt-to-equity ratio is 50% at December 31. What was the retained earnings on January 1?

1,100,000
1,300,000
500,000
600,000
3,700,000
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