Question: Elements Computing compiled the balance sheet information shown below. What was the book value of stockholders equity? Cash 240 Sales 7. 260 Inventory 780 Depreciation

Elements Computing compiled the balance sheet information shown below. What was the book value of stockholders equity? Cash 240 Sales 7. 260 Inventory 780 Depreciation Expense 260 Cost of goods sold 1, 250 Accounts payable 190 Long-term debt B , 020 Accounts receivable 540 Net fixed assets 5 , 010 Interest expense 160 Selling and administrative expenses 4, 270 Income tax expense 440

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