As of December 31, 2025, Rockford Corporation has assets of $3,500 and stockholders' equity of $1,500. What
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As of December 31, 2025, Rockford Corporation has assets of $3,500 and stockholders' equity of $1,500. What are the liabilities for Rockford as of December 31, 2025?
a. $1,500.
b. $1,000.
c. $2,500.
d. $2,000.
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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