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How much will a stockholders equity change

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Question - 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. 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: EM132949649

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