If a company has assets of $5,000,000, liabilities of $3,000,000, and retained earnings of $1,200,000, how much is total stockholders' equity?
A. $ 800,000
B. $2,000,000
C. $3,800,000
D. $1,800,000
Answer: B
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Indicate whether the statement is true or false
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A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
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A. new services survey B. overall satisfaction survey C. performance survey D. annual survey
Ralph gets his paycheck from Shakes n' Burgers Restaurant, his em¬ployer, and attempts to deposit it in his account at Town Bank. Uri, the bank's teller, notices that on the check the amount stated in words is different from the amount stated in numerals. Which amount can the bank lawfully credit to Ralph's account?