Blue Wave Marine Supplies' year-end 2024 balance sheet lists current assets of $527,800, fixed assets of $943,500, current liabilities of $428,600, and long-term debt of $512,300. Calculate BlueWave's total stockholders' equity.

Blue Wave Marine Supplies' year-end 2024 balance sheet lists current assets of $527,800, fixed assets of $943,500, current liabilities of $428,600, and long-term debt of $512,300. Calculate BlueWave's total stockholders' equity.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 5P: Balance Sheet Calculations Cornerstone Development Companys balance sheet information at the end of...

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Blue Wave Marine Supplies' year-end 2024 balance sheet lists current assets of $527,800,
fixed assets of $943,500, current liabilities of $428,600, and long-term debt of $512,300.
Calculate BlueWave's total stockholders' equity.

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