If the assets owned by a business total $150,000 and liabilities total $105,000, then stockholders' equity totals $45,000.

Name: If the assets owned by a business total $150,000 and liabilities total $105,000, then stockholders' equity totals $45,000.
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The accounting equation states that Assets = Liabilities + Stockholders' Equity. Therefore, Stockholders' Equity = Assets - Liabilities = $150,000 - $105,000 = $45,000.

If the Assets Owned by a Business Total $150,000 and Liabilities