Coheed plc had equity of £135,000 at the beginning of the year. At theend of the year the company had total assets of £250,000. During theyear the company sold no new equity. Net income for the year...

Coheed plc had equity of £135,000 at the beginning of the year. At theend of the year the company had total assets of £250,000. During theyear the company sold no new equity. Net income for the year was£19,000, and dividends were £3,500.