If a company has total liabilities of $41,650 and stockholders' equity of $54,120, what is the value of its total assets?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 6BE
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If a company has total liabilities of
$41,650 and stockholders' equity of
$54,120, what is the value of its total
assets?
Transcribed Image Text:If a company has total liabilities of $41,650 and stockholders' equity of $54,120, what is the value of its total assets?
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