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The following items are components of a traditional balance sheet. How much is the total equity
of the firm?
Solution
b: 49000
Retained Earning 28000
Common Stock 15000
Paid in Excess 6000
Total 49000

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The following items are components of a traditional balance sheet. Ho.pdf

  • 1. The following items are components of a traditional balance sheet. How much is the total equity of the firm? Solution b: 49000 Retained Earning 28000 Common Stock 15000 Paid in Excess 6000 Total 49000