"Legal property" in this sense refers tostockholders' equity.How is stockholders equity calculated?Stockholder's  equitycan be computed by deducting a company's total liabilities from its total assets or by adding its share capital & retained earnings and removing its treasury shares.Which four principal stockholder equity accounts are there?Shares outstanding, extra paid capital, net assets, and treasury stock are the four factors that are taken into account when calculatingstockholder's equity.If company's shareholders' capital is positive, it has sufficient assets to cover its obligations; if it is negative, it has more liabilities than assets.What is a good capital stockholder equity ratio?Anything below 50 is considered a leveraged business. The higher the value, the less leverage the company has. Conversely, a company with a capital adequacy ratio of . Companies over 50 are considered conservative companies because they are financed more throughstockholder equitythan through debt.To know more aboutStockholders equityvisit:brainly.com/question/13278063#SPJ4...

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