25. General Accounting Problem: The liabilities of Ula Company are $87,060. Also, common stock account is $145,800, dividends are $91,610, revenues are $443,250, and expenses are $316,360. What is the amount of Ula Company's total assets?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 53CE: Profitability Ratios The following data came from the financial statements of Israel Company:...
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25. General Accounting Problem: The
liabilities of Ula Company are $87,060.
Also, common stock account is $145,800,
dividends are $91,610, revenues are $443,250,
and expenses are $316,360. What is the
amount of Ula Company's total assets?
Transcribed Image Text:25. General Accounting Problem: The liabilities of Ula Company are $87,060. Also, common stock account is $145,800, dividends are $91,610, revenues are $443,250, and expenses are $316,360. What is the amount of Ula Company's total assets?
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