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Huron Has Provided the Following Year-End Balances: Cash,$25,000

Question 59

Multiple Choice

Huron has provided the following year-end balances: Cash,$25,000
Patents,$7,900
Accounts receivable,$9,300
Property,plant,and equipment,$98,700
Prepaid insurance,$3,600
Accumulated depreciation,$10,000
Inventory,$37,000
Retained earnings,$15,500
Trademarks,$12,600
Accounts payable,$8,000
Goodwill,$11,000
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How much is Huron's stockholders' equity?


A) $33,800.
B) $187,100.
C) $195,100.
D) $202,600.

Correct Answer:

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