Cello Mowing & Landscaping's year-end 2018 balance sheet lists current assets of $435,400, fixed assets of $550,600, current liabilities of $416,800, and long-term debt of $314,900. Calculate Cello's total stockholders' equity.

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
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Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Calculate cello's TSE

Cello Mowing & Landscaping's year-end 2018 balance sheet lists current assets of
$435,400, fixed assets of $550,600, current liabilities of $416,800, and long-term debt
of $314,900.
Calculate Cello's total stockholders' equity.
Transcribed Image Text:Cello Mowing & Landscaping's year-end 2018 balance sheet lists current assets of $435,400, fixed assets of $550,600, current liabilities of $416,800, and long-term debt of $314,900. Calculate Cello's total stockholders' equity.
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