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If a company has total liabilities of $63,840 and stockholders' equity of $78,960, what is the value of its total assets?

If a company has total liabilities of $63,840 and stockholders' equity of $78,960, what is the value of its total assets?

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 34MCQ: Which of the following ratios is used to measure a firms profitability? a. Liabilities Ă· Equity c....
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If a company has total liabilities of $63,840 and stockholders' equity of $78,960, what is the value of its total assets?
Transcribed Image Text:If a company has total liabilities of $63,840 and stockholders' equity of $78,960, what is the value of its total assets?
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