Math

posted by .

A firm has $200,000 in total assets and $120,000 in owner's equity. What are the total liabilities?
A. $80,000
B. $200,000
C. $320,000
D. Cannot be determined from the information given
A

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. finance

    A firm's long term assets = $75,000, total assets = $200,000, inventory = $25,000 and current liabilities = $50,000.
  2. Business

    A firm has $200,000 in total asset and $120,000 in owner's equity. What are the total liabilities?
  3. Business math

    A firm has $200,000 in total assets and $120,000 in owner's equity. What is the total liabilities?
  4. finance 200

    · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your assignment. Just show the calculations of each ratio: FORD MOTOR CORPORATION …
  5. Finance 200

    How do I set this up? How do I do this? I'm not undestanding what she wants me to do. · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements
  6. accounting

    :The balance sheet for Glenwood Corporation at December 31, 2011, showed the following subtotals: Current Assets $140,000 Current Liabilities 80,000 Property & Equipment 420,000 Total Stockholders' Equity 420,000 Retained Earnings …
  7. Finance

    P2. Use your knowledge of balance sheets to fill in the missing amounts: Assets: CASH - $10,000 ACCOUNTS RECEIVABLE - $100,000 INVENTORY - $------ TOTAL CURRENT ASSETS – $220,000 GROSS PLANT AND EQUIPMENT – $500,000 LESS: ACCUMULATED …
  8. Accounting

    A firm has $200,000 in total assets and $120,000 in owner's equity. What are the total liabilities?
  9. accounting

    Acme Inc. has total liabilities of $120,000, total sales of $80,000, net income of $12,000, current assets of $90,000 and total assets of $150,000. What is the debt to equity ratio for Ac
  10. accounting

    Acme Inc. has total liabilities of $120,000, total sales of $80,000, net income of $12,000, current assets of $90,000 and total assets of $150,000. What is the debt to equity ratio for Ac

More Similar Questions