Midyear on July 31st, the Digby Corporation's balance sheet reported:
Total Liabilities of $25.625 million
Total Common Stock of $1.270 million
Cash of $2.010 million
Retained Earnings of $8.933 million.
What were the Digby Corporation's total assets?
Select:
1 $18.702 million
$33.818 million
$17.432 million
$35.828 million
Total assets = Total Liabilities + Stockholder's Equity
= 25.625 + 1.270 + 8.933
= 35.828 million
Option D
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $25.625 million Total...