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casello mowing and landscaping year end 2018 balance sheet lists current assets of 435,300 fixed assets...

casello mowing and landscaping year end 2018 balance sheet lists current assets of 435,300 fixed assets 550,700 current liabilities of 416,700 and long term debt of 314,700 calculate casellos total stockholders equity

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Answer #1

Total stockholders equity = Current assets + Fixed assets - Current liabilities - Long term debt

Total stockholders equity = $435,300 + $550,700 - $416,700 - $314,700

Total stockholders equity = $254,600

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