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Broadbean Co

Question 82

Multiple Choice

Broadbean Co.had the following amounts on its balance sheet on December 31,2018: Broadbean Co.had the following amounts on its balance sheet on December 31,2018:   During 2019,Broadbean Co.reported net income of $46,200,declared cash dividends of $31,800,purchased additional treasury stock for $8,400,and experienced a foreign currency translation gain of $3,600.What amount will Broadbean report as total stockholders' equity at December 31,2019 on its statement of stockholders' equity? A) $717,400. B) $650,600. C) $643,400. D) $672,000. During 2019,Broadbean Co.reported net income of $46,200,declared cash dividends of $31,800,purchased additional treasury stock for $8,400,and experienced a foreign currency translation gain of $3,600.What amount will Broadbean report as total stockholders' equity at December 31,2019 on its statement of stockholders' equity?


A) $717,400.
B) $650,600.
C) $643,400.
D) $672,000.

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