HarrisTech Inc.'s year-end 2023 balance sheet lists current assets of $915,000, fixed assets of $748,000, current liabilities of $592,000, and long-term debt of $801,000. What is HarrisTech's total stockholders' equity?
HarrisTech Inc.'s year-end 2023 balance sheet lists current assets of $915,000, fixed assets of $748,000, current liabilities of $592,000, and long-term debt of $801,000. What is HarrisTech's total stockholders' equity?
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 56CE
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Transcribed Image Text:HarrisTech Inc.'s year-end 2023 balance
sheet lists current assets of $915,000, fixed
assets of $748,000, current liabilities of
$592,000, and long-term debt of $801,000.
What is HarrisTech's total stockholders'
equity?
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