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The company generated $9 million in net income and paid $2 million in dividends.

01 / 10 / 2021 Research Papers

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Corporate Finance 1 answer below » Building a Balance Sheet The following table presents the long-term liabilities and stockholders’ equity of Information Control Corp. one year ago: During the past
year, Information Control issued 10 million shares of new stock at a total price of $58 million, and issued $35 million in new long-term debt. The company
generated $9 million in net income and paid $2 million in dividends. Construct the current balance sheet reflecting the changes that occurred at Information
Control Corp. during the year. Jan 18 2014 04:08 AM



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