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Business
03.02.2022 14:48
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How to compute these

How to compute these
How to compute these
How to compute these
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cicimarie2018
cicimarie2018
4,4(70 marks)

The stockholders' equity is $6,90,000.

Explanation:

Calculating the Total stockholders' equity:

Total stockholders equity = Beginning stock equity + Net income

Total stockholders equity = (31,000 * 20) + 70,000

Total stockholders equity = 6,20,000 + 70,000

Total stockholders equity = $6,90,000

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