Use the following information for questions 71 and 72.
Presented below is information related to Hale Corporation:
-The total stockholders' equity of Hale Corporation is
A) $8,800,000.
B) $8,950,000.
C) $7,300,000.
D) $7,450,000.

Question

Use the following information for questions 71 and 72.
Presented below is information related to Hale Corporation: 
-The total stockholders' equity of Hale Corporation is
A) $8,800,000. 
B) $8,950,000. 
C) $7,300,000. 
D) $7,450,000.

Quizplus · Accepted Answer

The total stockholders' equity is calculated by adding up all the equity accounts. The correct choice is based on the given financial data, which indicates that the total stockholders' equity is $8,800,000.

Use the Following Information for Questions 71 and 72