MCQs > Finance & Management > General Financial Accounting > A company reported its annual balance sheet. Total current liabilities = A units Total long-term liabilities = B units. Total common stock = C units Retained earnings = D units Other stockholder equity of E units What is the total assets of the company from the given data?

General Financial Accounting MCQs

A company reported its annual balance sheet.

Total current liabilities =  A units
Total long-term liabilities = B units.
Total common stock = C units
Retained earnings = D units
Other stockholder equity of E units

What is the total assets of the company from the given data?


Answer

Correct Answer: A + B + C + D - E

Explanation:

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