Quantum Corp. has a common stock of $7,500, paid- in surplus of $10,200, total liabilities of $9,300, current assets of $6,800, and fixed assets of $25,400. What is the amount of the shareholders' equity?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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Quantum Corp. has a common stock of $7,500, paid-
in surplus of $10,200, total liabilities of $9,300,
current assets of $6,800, and fixed assets of $25,400.
What is the amount of the shareholders' equity?
Transcribed Image Text:Quantum Corp. has a common stock of $7,500, paid- in surplus of $10,200, total liabilities of $9,300, current assets of $6,800, and fixed assets of $25,400. What is the amount of the shareholders' equity?
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