Question
At the end of last year, the company's assets were $870,000 and its liabilities were $740,000. During the current year, the company's total assets increased
At the end of last year, the company's assets were $870,000 and its liabilities were $740,000. During the current year, the company's total assets increased by $59,000 and its total liabilities increased by $24,000.
At the end of the current year, what was shareholders' equity?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
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