Moe's Tavern has current assets of $6,864, fixed assets of $17,221, current liabilities of $4,694, and long-term debt of $6,707. What is the value of Moe's Owners Equity? (Round to nearest penny.)
Moe's Tavern has current assets of $6,864, fixed assets of $17,221, current liabilities of $4,694, and long-term debt of $6,707. What is the value of Moe's Owners Equity? (Round to nearest penny.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Moes tavern has current assets of..accounting questions
Transcribed Image Text:Moe's Tavern has current assets of $6,864,
fixed assets of $17,221, current liabilities of
$4,694, and long-term debt of $6,707. What is
the value of Moe's Owners Equity? (Round to
nearest penny.)
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