Multiple Choice
At the end of last year,the company's assets totaled $860,000 and its liabilities totaled $740,000.During the current year,the company's total assets increased by $58,000 and its total liabilities increased by $24,000.At the end of the current year,stockholders' equity was:
A) $154,000.
B) $120,000.
C) $34,000.
D) $178,000.
Correct Answer:
Verified
Correct Answer:
Verified
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