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28 July, 17:18

The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount of brandon co.'s stockholders' equity? stockholders' equity

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  1. 28 July, 19:54
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    900,000 / 1/4 = liabilities

    900,000 - liabilities - stockholder's equity

    900,000/4 = 225,000

    900,000 - 225,000 = 675,000
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