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If a company has stockholders' equity of $50,000 at the end of the year, which of the following statements must be true? O The
If a company has stockholders' equity of $50,000 at the end of the year, which of the following statements must be true? O The company's assets exceed liabilities by $50,000. Total revenues earned during the year equal $50,000. The company has issued $50,000 of common stock. ONet income for the year equals $50,000. None of the above.
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