Coastal Distributors has assets equal to $235,000 and liabilities equal to $96,000 at year-end. What is the total equity for Coastal Distributors at year- end? a. $129,000 b. $139,000 c. $144,000 d. $151,000

Coastal Distributors has assets equal to $235,000 and liabilities equal to $96,000 at year-end. What is the total equity for Coastal Distributors at year- end? a. $129,000 b. $139,000 c. $144,000 d. $151,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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I need help with this problem and accounting question

Coastal Distributors has assets equal to $235,000 and liabilities equal to
$96,000 at year-end. What is the total equity for Coastal Distributors at year-
end?
a. $129,000
b. $139,000
c. $144,000
d. $151,000

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