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Determining Stockholders Equity Determine the following: a. The stockholders equity of a corporation that has assets of $900,000 and liabilities of $652,000. Answer: 248000 b.

Determining Stockholders Equity

Determine the following:

a. The stockholders equity of a corporation that has assets of $900,000 and liabilities of $652,000.

Answer: 248000

b. The assets of a corporation that has liabilities of $800,000, common stock of $400,000, and retained earnings of $370,000.

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