How much will a stockholders equity change

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Reference no: EM132898837

The balance sheet of Strauss Corp. contains the following lists of assets:

Cash 8,500,000,

Land 4,700,000,

buildings 1,300,000 and

other assets 200,000.

Question 1: Strauss only debt is 2,070,000 to a bank. How much will a stockholders' equity change when Strauss borrows 300,000 to purchase equipment?

Reference no: EM132898837

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