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Asked Dec 20, 2019
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What is the total stockholders' equity based on the following account balances?
Common Stock
$375,000
Paid-In Capital in Excess of Par
90,000
Retained Earnings
190,000
Treasury Stock
15,000
$670,000
$640,000
$565,000
$655,000
4:29 PM
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What is the total stockholders' equity based on the following account balances? Common Stock $375,000 Paid-In Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 15,000 $670,000 $640,000 $565,000 $655,000 4:29 PM

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Stockholders' ...

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The claims of owners on a company's resources, after the liabilities are paid off, are referred to as stockholders' equity. Therefore, stockholders' equity is sometimes referred to as net worth of owners.

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