What is shareholders equity

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Reference no: EM131063430

Construct a balance sheet for Galactic Enterprises given the following data:

Cash balances $ 33,000

Inventories $ 38,000

Net plant and equipment $ 148,000

Accounts receivable $ 43,000 Accounts payable

$ 16,000

Long-term debt $ 146,000

What is shareholders’ equity?

Shareholders' equity $

Reference no: EM131063430

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