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CFA Level 1
Financial Reporting and Analysis

Calculating Shareholders' Equity from a Balance Sheet

Very Hard Financial Statements Balance Sheet

ABC Corporation has recently published its financial statements for the year ending December 31, 2023. Upon reviewing the balance sheet, you notice the following key figures:

- Total Assets: $1,200,000

- Total Liabilities: $800,000

- Shareholders' Equity consists of Common Stock worth $300,000 and Retained Earnings of $100,000.

Given this information, what is the total amount reported for Shareholders' Equity on ABC Corporation's balance sheet?

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