At the beginning of last year, Packard Corporation reported assets of $459,100 and stockholders' equity of...
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At the beginning of last year, Packard Corporation reported assets of $459,100 and stockholders' equity of $253,700. During the year, assets increased $56,300 and liabilities decreased $17,800. At the end of last year, Packard's stockholders' equity was closest to: At the beginning of last year, Packard Corporation reported assets of $459,100 and stockholders' equity of $253,700. During the year, assets increased $56,300 and liabilities decreased $17,800. At the end of last year, Packard's stockholders' equity was closest to:
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