Question
The following information was taken from the financial statements of the Billerica Corporation. All dollar amounts are in millions! Assets, 12/31/00 $11,900 Common Stock, 12/31/00
The following information was taken from the financial statements of the Billerica Corporation. All dollar amounts are in millions!
| Assets, 12/31/00 | $11,900 |
| Common Stock, 12/31/00 | $1,800 |
| Dividends, 1/1/00-12/31/00 | $570 |
| Expenses, 1/1/00-12/31/00 | $9,000 |
| Liabilities, 12/31/00 | $7,400 |
| Retained Earnings, 1/1/00 | $1,770 |
| Revenues 1/1/00-12/31/00 | $10,500 |
Determine the dollar amount of the Corporation's resources that had been borrowed as of December 31, 2000.
| a. | $4,500 | |
| b. | $1,500 | |
| c. | $2,700 | |
| d. | $7,400 |
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The Outsourcing Dilemma Whats Best For Internal Auditing
Authors: Larry E. Rittenberg, Institute Of Internal Auditors Research Foundation, Lee A. Campbell
1st Edition
0894133845, 978-0894133848
