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Balance Sheet Jack and Jill Corporation's year-end 2009 balance sheet lists current assets of $253,000, fixed assets of $803,000, current liabilities of $192,000, and long-term
Balance SheetJack and Jill Corporation's year-end 2009 balance sheet lists current assets of $253,000, fixed assets of $803,000, current liabilities of $192,000, and long-term debt of $297,000. What is Jack and Jill's total stockholders' equity?
Multiple Choice
- There is not enough information to calculate total stockholder's equity.
- $489,000
- $567,000
- $1,056,000
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