Westlake Construction's year-end 2024 balance sheet lists current assets of $625,800, fixed assets of $945,200, current liabilities of $538,400, and long-term debt of $472,600. Calculate Westlake's total stockholders' equity.
Westlake Construction's year-end 2024 balance sheet lists current assets of $625,800, fixed assets of $945,200, current liabilities of $538,400, and long-term debt of $472,600. Calculate Westlake'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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Financial Accounting

Transcribed Image Text:Westlake Construction's year-end 2024 balance sheet
lists current assets of $625,800, fixed assets of $945,200,
current liabilities of $538,400, and long-term debt of
$472,600. Calculate Westlake's total stockholders' equity.
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