Question
A company has the following items in its balance sheet: the value of preferred stock $39,000, common stock $70,000, retained earnings $80,000, treasury stock $65,000,
A company has the following items in its balance sheet: the value of preferred stock $39,000, common stock $70,000, retained earnings $80,000, treasury stock $65,000, short-term notes $60,000, plant and equipment $70,000. What is the value of its total equity?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
