A company's balance sheet shows total assets of $450,991, total current liabilities of $47,342, and total long-term liabilities of 150,509.Its total stockholder equity must be

A.$197,851
B. $253,140
C. $300,482
D. $450,991

Add the current and long-term liabilities. Subtract them from the assets.

Ms.Sue

Thank you so much that is what I had down for my answer,but someone else was telling me I was wrong.

You're welcome.

To find the total stockholder equity, we need to subtract the sum of total current liabilities and total long-term liabilities from total assets.

Total Stockholder Equity = Total Assets - (Total Current Liabilities + Total Long-term Liabilities)

Given:
Total Assets = $450,991
Total Current Liabilities = $47,342
Total Long-term Liabilities = $150,509

Using the above formula, we can calculate:

Total Stockholder Equity = $450,991 - ($47,342 + $150,509)
Total Stockholder Equity = $450,991 - $197,851
Total Stockholder Equity = $253,140

Therefore, the total stockholder equity is $253,140.

The answer is B. $253,140