Don't use ai given answer accounting questions Highland Corporation has the following items: Common stock:$1,200,000 Treasury stock: $180,000 Deferred tax liability:$250,000 Retained earnings: $420,000What is Highland Corporation's total stockholders' equity?a. $1,440,000b. $1,690,000c. $1,870,000d. $2,050,000

Step 1: Definition of Stockholders' EquityStockholders' equity represents the owners' residual…

Answered: Highland Corporation has the following…

SWFT Corp Partner Estates Trusts

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Chapter3: Corporations: Introduction And Operating Rules

Section: Chapter Questions

Problem 1BCRQ

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Houghton Company has the following items: share capital- ordinary, $820,000; treasury shares, $85,000; deferred taxes, $100,000 and retained earnings, $313,000. What amount should Houghton Company report as total equity?
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Highland Corporation has the following items: Common stock: $1,200,000 Treasury stock: $180,000 Deferred tax liability: $250,000 Retained earnings: $420,000 What is Highland Corporation's total stockholders' equity? a. $1,440,000 b. $1,690,000 c. $1,870,000 d. $2,050,000