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How do I find the assets of a corporation that has liabilities of $250,000, common stock of $100,000, and retained earnings of $85,000.?

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter1: Introduction To Accounting And Business

Section: Chapter Questions

Problem 5E: The total assets and total liabilities (in millions) of Dollar Tree Inc. and Target Corporation...

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Question

How do I find the assets of a corporation that has liabilities of $250,000, common stock of $100,000, and retained earnings of $85,000.?

Definition Definition Remaining net income of the company after the required dividends are paid to shareholders. This surplus money is usually invested back into the business to expand its business operations or launch a new product.

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