dianem1274p60iu6 dianem1274p60iu6
  • 03-04-2018
  • Mathematics
contestada

If a company’s equity is $340,000 and liabilities are $195,000, what is the value of the company’s assets?

Respuesta :

carlosego
carlosego carlosego
  • 03-04-2018
For this case, the first thing you should keep in mind is the following definition:
 equity = assets - liabilities
 Therefore, by clearing we have:
 assets = equity - liabilities
 Substituting values we have:
 assets = (340000) - (195000)
 assets = $ 145,000
 Answer:
 
The value of the company's assets is:
 
assets = $ 145,000
Answer Link

Otras preguntas

Briefly describe major sings childhood
DEVELOPMENT ETHICS ADDRESS 3 KEY THEME PARATES THEM.​
Identify the simplest polynomial function having integer coefficients with the given zeros: 5, −2, 3
What’s the instrument of creating a discretionary trust in English law?
In Figure 1, ABCD is a rectangle with AB = 12 cm and BC= 7 cm. AK= BL= CM= DN = x cm. If the area of KLMN is 54 cm², find x.
Simplify this expression:2 (m-11m)-m+10=​
What must x equal if g||h? Explain.
How much gravity does it require to stop time
Identify the simplest polynomial function having integer coefficients with the given zeros: 5, −2, 3
If Ally passed her licensing exam on Jan 15,2019 when should she complete her 30 hr Post Licensing course per Indiana guidelines?