Amber Devices Ltd. has total assets worth $850 million and total liabilities worth $475 million at the end of December 31, 2016. What is the amount of money received by the stockholders, if Amber liquidates all of its assets and pays off all of its outstanding debt?
A) $850 million
B) $475 million
C) $1,325 million
D) $175 million
E) $375 million

Question

Quizplus · Accepted Answer

The stockholders would receive the remaining amount after paying off the liabilities from the total assets. Total assets ($850 million) minus total liabilities ($475 million) equals $375 million.