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    GradNerd's Avatar
    GradNerd Posts: 3, Reputation: 1
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    #1

    Jun 30, 2009, 12:22 PM
    Total Stockholders Equity
    I am having trouble with total stockholers equity. I am given a problem with total assets, total liabilities and retained earnings given to me. I am not sure how to go about finishing it. Everything I can find mentions different types of stock that should be calculated. Anyone have any advice?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #2

    Jun 30, 2009, 12:49 PM

    Remember that Assets = Liabilities-Owners Equity

    Also retained earnings is a type of equity.

    If you want to post the question and your answer I will let you know if you are on the right track.
    GradNerd's Avatar
    GradNerd Posts: 3, Reputation: 1
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    #3

    Jun 30, 2009, 01:17 PM
    Well, I am given:

    Total assets $40k
    Total Liabilities $15K
    Total retained earnings $13K

    The question is find the toal stock holder's equity.

    I am thinking retained earnings is there to throw me off. Maybe assets-liabilities? Which would give me an answer of $25K?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #4

    Jun 30, 2009, 01:29 PM

    Yes you are thinking about that correctly. Assets - Liab = Equity

    Remember RE is just a part of equity..
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