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Gym Corporation Reported the Following Information at December 31, 2014

Question 153

Essay

Gym Corporation reported the following information at December 31, 2014:
Gym Corporation reported the following information at December 31, 2014:    A Calculate Gym Corporation's total assets. B Calculate Gym Corporations' net income for 2014. C Calculate Gym Corporation's total stockholders' equity at the end of 2014. A Calculate Gym Corporation's total assets.
B Calculate Gym Corporations' net income for 2014.
C Calculate Gym Corporation's total stockholders' equity at the end of 2014.

Correct Answer:

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A $93,000
$75,000 Cash + $18,0...

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