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At the beginning of the year, Tektron Company had total assets of $600,000 and total liabilities of $300,000. If the total assets increased $100,000 and the total liabilities decreased $70,000, what is the amount of stockholders’ equity at the end of the year? A : $470,000 B : $200,000 C : $30,000 D : $320,000

User Liesbeth
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Answer:

A. $470,000

Step-by-step explanation:

They have a total assets of 700000 but lost 230000 in total liabilities

700,000-230,000=470,000

User Chapman Atwell
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