Multiple Choice
At the beginning of the year, Winton Company's assets were $180,000 and its stockholders' equity was $82,000. During the year, assets increased by $25,000 and liabilities increased by $9,000. What was the stockholders' equity at the end of the year?
A) $107,000
B) $98,000
C) $114,000
D) $116,000
Correct Answer:
Verified
Correct Answer:
Verified
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