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Mathematics, 20.09.2019 18:30 rschaum08
At the time of liquidation, fairchild company reported assets of $200,000, liabilities of $120,000, common stock of $90,000 and retained earnings of ($10,000). what amount of fairchild's assets are the shareholders entitled to receive? a) $200,000b) $80,000c) $90,000d) $100,000
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At the time of liquidation, fairchild company reported assets of $200,000, liabilities of $120,000,...
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