Based on the Following Information, Calculate Stockholders' Equity: Cash =

question 195

Multiple Choice

Based on the following information, calculate stockholders' equity: cash = $30; total current liabilities = $80; accounts receivable = $30; inventory = $90; net fixed assets = $220; accounts payable = $20; long term debt = $50.

• A) $170
• B) $190
• C) $220
• D) $240
• E) $290

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