Compute the missing amount in the following table for Ocean View Enterprises: Assets Liabilities Owners' Equity $850,000 $480,000 ?
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General Accounting
![Compute the missing amount in the following table for Ocean View
Enterprises:
Assets
Liabilities
Owners' Equity
$850,000 $480,000
?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9d114617-baad-4b50-9211-e823d246fb65%2Fa5d09289-8764-4001-9807-fe4db6937220%2Fugbk4an_processed.jpeg&w=3840&q=75)
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- Determine the missing amount: Assets == Liabilities + Owner's Equity. $895000 + $354000 =Imagine a balance sheet: Current assets = $105, current liabilities = $100, fixed assets = $340, and %3D the owner's equity = $135. What is the value of long term debt if it is the only other item on the %3D balance sheet? O $210 O $235 O $445 O $105 O $205Net income example Formula: Net Income = Revenue – Expenses Total assets are $2,500,000, and you calculate total liabilities by adding current liabilities of $800,000 and long-term liabilities of $200,000 for a total of $1,000,000.
- Total assets = $900, fixed assets = $600, long-term debt= $500, and short-term debt = $200. Total debt? A. $500B. $600C. $700D. $800= If Liabilities Equity AED 80,000, then Assets A. AED 210,000 B. AED 90,000 C. AED 150,000 D. AED 160,000Find the following using the data bellow a. Accounts receivable B. Current assets C. Total assets D. Return on assets E. Common equity F. Quick ratio