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Amber Devices Ltd

Question 17

Multiple Choice

Amber Devices Ltd. has total assets worth $850 million and total liabilities worth $475 million at the end of December 31, 2016. What is the amount of money received by the stockholders, if Amber liquidates all of its assets and pays off all of its outstanding debt?


A) $850 million
B) $475 million
C) $1,325 million
D) $175 million
E) $375 million

Correct Answer:

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