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Social ScienceHow do I find the assets of a corporation that has liabilities of $250,000, common stock of $100,000, and retained earnings of $85,000.?
How do I find the assets of a corporation that has liabilities of $250,000, common stock of $100,000, and retained earnings of $85,000.?
Expert Answer
The Total assets of the business is computed through folowing equation:
Total Assets = Total liabilities + Stockholder's equity
Here Stockh...
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