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Q1) Based on the information given below, compute stockholders' equity:

Cash = $30;

Total current liabilities = $80;

Accounts receivable = $30;

Inventory = $90;

Net fixed assets = $220;

Accounts payable = $20;

Long term debt = $50.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M921367

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