Dougan Corporation's stockholders' equity equals one-half of the company's total assets. The company's liabilities are $173,000 . What is the amount of the company's stockholders' equity?
Assets = Liabilities + Stockholders' Equity
A = 1/2 A + 1/2 A
A = $173,000 ? 2 = $346,000
Stockholders' Equity = $346,000 - $173,000 = $173,000
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