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Using the Basic Accounting Equation Henderson Company had beginning-of-the-year total assets of $480,000 and total liabilities of $288,000.
a. If during the year total assets increased by $24,000 and total liabilities increased by $64,000, what is the end-of-year total stockholders’ equity?
b. If during the year total assets increased by $96,000 and total liabilities decreased by $8,000, what is the end-of-year total stockholders’ equity?
c. If during the year total liabilities increased by $64,000 and total stockholders’ equity increased by $56,000, what are the end-of-year total assets?
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Haswell Enterprises' semi annual bonds have a 10-year maturity, a 6.25% semi annual coupon, and a par value of $1,000. The going rate of interest is 4.75%. What is the bond's price?
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