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Ken's Canaries Shows the Following Balances in the Books

Question 2

Multiple Choice

Ken's Canaries shows the following balances in the books:
Common Stock: $200,000
Paid in Capital in Excess of Par: $20,000
Retained Earnings: $95,000
Treasury Stock: $10,000
What is the total stockholder's equity?


A) $335,000
B) $220,000
C) $305,000
D) $295,000
E) $210,000

Correct Answer:

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