Problem: San Mateo healthcare has an equity balance of $1.38 million at the beginning of the year. At the end of the year if the equity balance was $1.98 million.
A. Assume that San Mateo is a not-for-profit organization. What was the net income for the period?
B. Now assume that San Mateo is an investor and business
.assuming zero dividends, what was San Mateo's net income?
.assuming $200,000 is dividends, what was the net income?
.assuming $200,000 is dividends and $300,000 in additional stock sales, what was San Mateo's net income?