The liabilities of Underwood Corporation are $93,420. Also, common stock account is $167,500, dividends are $84,300, revenues are $512,680, and expenses are $395,240. What is the amount of Underwood Corporation's total assets?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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What is the amount of total assets?

The liabilities of Underwood Corporation
are $93,420. Also, common stock account
is $167,500, dividends are $84,300,
revenues are $512,680, and expenses are
$395,240. What is the amount of
Underwood Corporation's total assets?
Transcribed Image Text:The liabilities of Underwood Corporation are $93,420. Also, common stock account is $167,500, dividends are $84,300, revenues are $512,680, and expenses are $395,240. What is the amount of Underwood Corporation's total assets?
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