Question
Balance Sheet Nicole Corporation's year-end 2009 balance sheet lists current assets of $757,000, fixed assets of $607,000, current liabilities of $538,000, and long-term debt of
Balance Sheet Nicole Corporation's year-end 2009 balance sheet lists current assets of $757,000, fixed assets of $607,000, current liabilities of $538,000, and long-term debt of $693,000. What is Nicole's total stockholders' equity?
$133,000 $1,364,000 $1,231,000 There is not enough information to calculate total stockholder's equity.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
