单选题
Duster Company reported the following financial information at the end of 2007:
|
|
in millions |
|
Unearned revenue |
$ 240 |
|
Common stock at par |
30 |
|
Capital in excess of par |
440 |
|
Accounts payable |
1150 |
|
Treasury stock |
2000 |
|
Retained earnings |
5160 |
|
Accrued expenses |
830 |
|
Accumulated other comprehensive loss |
210 |
|
Long - term debt |
1570 |
Calculate Duster's liabilities and stockholders' equity as of December 31, 2007. Liabilities Stockholders' equity A. $ 3790 million $ 7420 million
B. $ 3550 million $ 7840 million
C. $ 3790 million $ 3420 million
【正确答案】
C
【答案解析】Liabilities are equal to $ 3790 million ($ 240 million unearned revenue+$1570 long-term debt+$1150 accounts payable+$ 830 accrued expenses). Stockholders' equity is equal to $ 3420 million ($ 30 common stock at par+$ 440 capital in excess of par-$ 2000 treasury stock+$5160 retained earnings-$210 accumulated other comprehensive loss).