PRIN.OF CORP.FINANCE-CONNECT ACCESS
PRIN.OF CORP.FINANCE-CONNECT ACCESS
13th Edition
ISBN: 2810023360757
Author: BREALEY
Publisher: MCG
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Chapter 28, Problem 1PS
Summary Introduction

To construct: A balance sheet for G company and calculate shareholders equity.

Expert Solution & Answer
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Explanation of Solution

The balance sheet of company G is as follows:

PRIN.OF CORP.FINANCE-CONNECT ACCESS, Chapter 28, Problem 1PS , additional homework tip  1

The formula to calculate shareholders equity is:

PRIN.OF CORP.FINANCE-CONNECT ACCESS, Chapter 28, Problem 1PS , additional homework tip  2

Hence, the shareholders equity is 76000.

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