Kizspy Question: 26
(Choose 1 answer)
Maddux, Inc., has completed its fiscal year and reported the following information. The company had current
assets of $153,413, net fixed assets of $412,331, and other assets of $7,822. The firm also has current
liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. What is the amount of
retained earnings?
A. $405,648
B. $243,648
C. $167,918
D. $573,566
