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What packard stockholders equity was closest to

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Problem 1: At the beginning of last year, Packard Corporation reported assets of $459,100 and stockholders' equity of $253,700. During the year, assets increased $56,300 and liabilities decreased $17,800. At the end of last year, Packard's stockholders' equity was closest to:

Group of answer choices

Option 1: less than $292,200.
Option 2: exactly $292,200.
Option 3: more than $292,200.

Reference no: EM132918572

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