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During 2009 stephens corporation had an increase in total

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Reference no: EM13572012

During 2009, Stephens Corporation had an increase in total assets of $70,000 and an increase in total liabilities of $90,000. Assuming that capital stock increased by $5,000 and no dividends were paid, calculate Stephens's net income or net loss for 2009.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Reference no: EM13572012

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