Business, 14.02.2020 18:56, hjukhvfd5723

Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year the business recorded $375,000 in revenues, $200,000 in expenses, and dividends of $35,000. Stockholders' equity at the end of the year was

A :$210,000
B :$455,000
C :$270,000
D :$520,000

Answers: 3

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Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. Du...