Refer to Ladder Distributors

question 69

Multiple Choice

Refer to Ladder Distributors. What is the total amount of stockholders' equity that will be presented on the company's March 31, 2015, balance sheet?

• A)$1,340,000
• B)$1,372,000
• C)$1,708,000
• D)$1,740,000

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Definitions:

Consumerism

The protection or promotion of the interests of consumers; the preoccupation with and inclination towards the buying of consumer goods.

Corporate Social Responsibility

A business practice involving initiatives that benefit society and contribute to sustainable development.

Stakeholders

Individuals or groups that have an interest in or are affected by the activities and decisions of a business or organization.

Sarbanes-Oxley

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, following financial scandals at companies like Enron and WorldCom.