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As of January 1, 2014, a corporation had assets of $340,000 and liabilities of $120,000. During 2014, assets increased $45,000 and liabilities increased $15,000. What was stockholders' equity at December 31, 2014?
CDs
Compact Discs, a digital optical disc data storage format used for storing digital data.
Mutually Exclusive
Describes two or more events that cannot occur at the same time.
P(A ∩ B)
The probability of the intersection of events A and B, meaning the likelihood that both A and B occur.
Sample Points
Points selected from a population or a set that are used to conduct statistical analysis or testing.
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