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What achbar corporation stockholders equity is

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Problem 1: Cost of merchandise sold equals beginning inventory

A. plus net purchases plus ending inventory.

B. minus net purchases plus ending inventory.

C. minus net purchases minus ending inventory.

D. plus net purchases minus ending inventory.

Problem 2: Which one of the following does not depreciate?

A. Computer

B. Truck

C. Building

D. Land

Problem 3: Achbar Corporation has earned $175,900 after tax. The accountant calculated the return on equity as 12.5%. Achbar Corporation's stockholders' equity to the nearest dollar is

A. $14,720.

B. $140,720.

C. $1,407,200.

D. $140,720,000.

Reference no: EM132674891

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