Multiple Choice
Stella Corp. has the following liabilities: $30,000 salaries payable, $70,000 accounts payable, $180,000 notes payable (to be made in 10 equal annual payments) , and warranty payable $22,000 (all of Stella's products come with a 90-day manufacturer warranty) . The total current liabilities is:
A) $100,000
B) $122,000
C) $140,000
D) $302,000
Correct Answer:
Verified
Correct Answer:
Verified
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