2015 Assets January 1 $5050 Dividends $1077  Sale of common stock during 2015 $978  Net Income $1316  Liabilities January 1 $3293  what is stockholders' equity at December 31, 2015?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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2015

Assets January 1 $5050

Dividends $1077 

Sale of common stock during 2015 $978 

Net Income $1316 

Liabilities January 1 $3293 

what is stockholders' equity at December 31, 2015?

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Introduction:

Stockholders’ equity:

Stockholders’ equity can be defined as the interest of the stockholders in the company or it can be said as the proportion of ownership that is in the hands of the stockholders. Stockholders’ equity is calculated by deducting the total value of liabilities from the total value of assets.

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