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Blueridge Company has the following assets and liabilities: . Cash: $8,400 Equipment: $12,300 ⚫ Accounts Receivable: $5,800 . ⚫ Prepaid Rent: $1,500 ⚫ Inventory: $3,200 • Accounts Payable: $6,700 ⚫ Notes Payable: $4,500 ⚫ Wages Payable: $2,100 What is Blueridge Company's total equity?

Blueridge Company has the following assets and liabilities: . Cash: $8,400 Equipment: $12,300 ⚫ Accounts Receivable: $5,800 . ⚫ Prepaid Rent: $1,500 ⚫ Inventory: $3,200 • Accounts Payable: $6,700 ⚫ Notes Payable: $4,500 ⚫ Wages Payable: $2,100 What is Blueridge Company's total equity?

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...
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Blueridge Company has the following assets and liabilities: . Cash: $8,400 Equipment: $12,300 ⚫ Accounts Receivable: $5,800 . ⚫ Prepaid Rent: $1,500 ⚫ Inventory: $3,200 • Accounts Payable: $6,700 ⚫ Notes Payable: $4,500 ⚫ Wages Payable: $2,100 What is Blueridge Company's total equity?
Transcribed Image Text:Blueridge Company has the following assets and liabilities: . Cash: $8,400 Equipment: $12,300 ⚫ Accounts Receivable: $5,800 . ⚫ Prepaid Rent: $1,500 ⚫ Inventory: $3,200 • Accounts Payable: $6,700 ⚫ Notes Payable: $4,500 ⚫ Wages Payable: $2,100 What is Blueridge Company's total equity?
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