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What is strauss stockholders equity

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Reference no: EM132900154

The balance sheet of Strauss Corporation contains the following list of assets.

Cash $8,500,000;

Land, $4,700,000;

buildings, $1,300,000; and

other assets, $200,000.

Problem 1: Strauss' only debt is $2,070,000 owed toa bank, What is Strauss' stockholders' equity?

Reference no: EM132900154

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