The amount of total assets that have been financed by the creditors and the stockholders equals to $246,000..
This refers to the representation of the worth of everything a firm owns after considering all assets and liabilities. The asset is anything that a person or organization owns, such as a car or a share. Individuals or organizations purchase an asset because it has the potential to increase in value in the future.
Financed by Creditors = $45,000 + $23,600 + $8,000 = $76,600
Financed by stockholders = $180,000
Total asset = Financed by Creditors + Financed by stockholders
Total asset = $76,600 + $180,000
Total asset = $246,000.
Therefore, the amount of total assets that have been financed by the creditors and the stockholders equals to $246,000..
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