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is this correct? A company has the following items on its balance sheet: $200,000 preferred stock. $500,000 common stock, retained earnings $50,000, short term notes

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A company has the following items on its balance sheet: $200,000 preferred stock. $500,000 common stock, retained earnings $50,000, short term notes $40,000, treasury stock $20,000 and plant and equipment $30,000. What is the value of its total equity? $750,000 $770,000 $730,000 $840,000

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