Compute the amount of swits net income and net loss

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Reference no: EM13752229

2013 Total Assets $48 Total Liabilities ($17) Net Income $31. 2012 Total Assets $28 Total Liabilities ($5) Net Income $23 Compute the amount of Swit's net income or net loss during the year ended January 2013;

1. Swit issued $1 million of stock and paid no dividends

2. Swit issued no stock but paid dividends of $4 million

3. Swit issued $33 million of stock and paid dividends of $8 million

Reference no: EM13752229

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Compute the amount of swits net income and net loss : 2013 Total Assets $48 Total Liabilities ($17) Net Income $31. 2012 Total Assets $28 Total Liabilities ($5) Net Income $23 Compute the amount of Swit's net income or net loss during the year ended January 2013;

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