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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 2: Financial Statements, Cash Flow, and Taxes
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    A Firm Has Common Stock of $5,500, Paid-In Surplus of $8,200
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A Firm Has Common Stock of $5,500, Paid-In Surplus of $8,200

Question 215

Question 215

Multiple Choice

A firm has common stock of $5,500, paid-in surplus of $8,200, total liabilities of $6,600, current assets of $7,200, and fixed assets of $16,900. What is the amount of the shareholders' equity?


A) $10,300
B) $13,700
C) $15,600
D) $17,500
E) $20,300

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