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Company A has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000. What is the value of the shareholders’ equity account for this firm? (

Respuesta :

Answer:

What is the value of the shareholders’ equity account for this firm?

14150

Explanation:

Current Assets 6000

Net fixed assets 25100

Assets                 31100

 

Current Liabilities 4950

Long term debt 12000

                       16950

 

 

ASSET-LIBILITIES=EQUITY  

31100-16950=EQUITY  

EQUITY=14150  

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