N3 Corporation Has Assets of $3,000,000, Common Stock of $780,000

question 185

Multiple Choice

N3 Corporation has assets of $3,000,000, common stock of $780,000, and retained earnings of $475,000. What are the creditors' claims on their assets?

• A) $2,695,000
• B) $1,255,000
• C) $1,745,000
• D) $3,305,000

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