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Hodges, Inc 566,327 Asset 528,416 Iiabilities \begin{array} { l l } 566,327 & \text { Asset } \\528,416 & \text { Iiabilities }\end{array}

Question 3

Multiple Choice

Hodges, Inc. had the following assets and liabilities as of September 30, 2013: 566,327 Asset 528,416 Iiabilities \begin{array} { l l } 566,327 & \text { Asset } \\528,416 & \text { Iiabilities }\end{array} What is the stockholders' equity of Hodges as of September 30, 2013?


A) $0
B) $27,911
C) $84,743
D) Cannot be determined with this information

Correct Answer:

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