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A corporation has total assets of $350 million and total liabilities of $200 million. How much equity do the shareholders have in this company? 1)$150
A corporation has total assets of $350 million and total liabilities of $200 million. How much equity do the shareholders have in this company?
1)$150 million
2) $250 million
3) $100 million
4) $550 million
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