At the beginning of the year, Beck Company had total assets of $325,000 and total stockholders'...

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At the beginning of the year, Beck Company had total assets of $325,000 and total stockholders' equity of $105,000. If total assets increased by $50,000 during the year and total liabilities decreased by $35,000, what is the amount of total stockholders equity at the end of the year? At the beginning of the year, Beck Company had total assets of $325,000 and total stockholders' equity of $105,000. If total assets increased by $50,000 during the year and total liabilities decreased by $35,000, what is the amount of total stockholders equity at the end of the year?

Answer rating: 100% (QA)

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