Sitwell enterprises began the year with 1000000 in total, Ask an Expert

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Sitwell Enterprises began the year with $1,000,000 in total assets and ended the year with $1,500,000 in total assets. It had no debt at the beginning of the year, but it had $200,000 at the end of the year. What was Sitwells net worth (that is, total stockholders' equity) at the end of the year?

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Financial Management, Finance

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