Multiple Choice
Olmsted Company has the following items: common stock, $750,000; treasury stock, $105,000; deferred income taxes, $125,000 and retained earnings, $454,000. What total amount should Olmsted Company report as stockholders' equity?
A) $974,000.
B) $1,099,000.
C) $1,224,000.
D) $1,349,000.
Correct Answer:
Verified
Correct Answer:
Verified
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