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Are the stockholders of Flowers in better financial position

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Question - On January 1, Year 4, Flowers Company raised $30,000 by issuing additional common stock. Immediately after the additional capital was raised. Flowers reported total stockholders' equity of $110,000. Are the stockholders of Flowers in a better financial position than they were on December 31, Year 3?

Reference no: EM132656038

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