countryqueen8481 countryqueen8481

08-04-2024
Business

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Using the information below from the accounting records of Thomas Corporation, stockholders' claims to the company's resources amount to:

Assets $1,200,000
Liabilities $800,000
Net income $100,000
Retained earnings $250,000

A. $1,200,000.
B. $800,000.
C. $250,000.
D. $400,000

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