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The total assets of Marigold Company are $733,500 and its liabilities are equal to one-half of its total assets
The total assets of Marigold Company are $733,500
and its liabilities are equal to one-half of its total
assets. What is the amount of Marigold Company’s stockholders’ equity?
Expert Solution
Stockholders Equity = Total Assets - Total Liabilities
= 733500- (733500* 1/2)
= 733500- 366750
= 366750
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