alysonmariefont alysonmariefont

30-04-2019
Mathematics

contestada

You own a business that has assets of $148,000. If your equity is $55,000, what is the amount of your liabilities?
A. $203,000
B. $93,000
C. $122,000
D. $98,000

Respuesta :

ismaelrocks8 ismaelrocks8

30-04-2019

B. 93,000

$240,000 - $90,000 = $150,000

(Assets) - (Liabilities) = (Owners' Equity)

example apply the formula to your question

Answer Link

bearlove12 bearlove12

30-04-2019

Answer:

B. 93,000

Step-by-step explanation:

Answer Link

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