Question - Presented below is partial balance sheet information related to Batten Ltd., a United Kingdom company at December 31. All financial information has been translated from pounds to dollars.
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BATTEN LTD. Balance Sheet (partial) (in thousands)
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Fixed Assets
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Tangible assets
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$900,000
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Current Assets
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Stocks (inventory)
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$300,000
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Debtors
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121,000
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Investments
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53,000
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Cash
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62,000
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536,000
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Creditors
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Amounts falling due within one year
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100,000
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Net current assets
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436,000
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Total assets less current liabilities
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1,336,000
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Creditors
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Amounts falling due over one year
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240,000
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Total net assets
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$1,096,000
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Restate the asset side of the balance sheet in accordance with generally accepted accounting principles in the United States. (List assets in order of liquidity.)
What is the amount of total stockholders' equity?