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The assets of a company total $ 7 0 0 , 0 0 0 ; the liabilities, $ 2 0 0 , 0 0 0

The assets of a company total $700,000; the liabilities, $200,000. What is the amount of equity?
$900,000.
$700,000.
$500,000.
$200,000.
It is impossible to determine unless the amount of the owners' investment is known.
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