Olmsted Company Has the Following Items: Share Capital-Ordinary, €920,000; Treasury

question 44

Multiple Choice

Olmsted Company has the following items: share capital-ordinary, €920,000; treasury shares, €85,000; deferred taxes, €100,000 and retained earnings, €363,000. What amount should Olmsted Company report as total equity?

• A) €1,098,000.
• B) €1,198,000.
• C) €1,298,000.
• D) €1,398,000.

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