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Nance Corporation's December 31, 2014 Balance Sheet Showed the Following

Question 228

Multiple Choice

Nance Corporation's December 31, 2014 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, Nance Corporation's December 31, 2014 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, Nance's total stockholders' equity was A) $55,140,000. B) $46,860,000. C) $54,510,000. D) $53,880,000. Nance's total stockholders' equity was


A) $55,140,000.
B) $46,860,000.
C) $54,510,000.
D) $53,880,000.

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