Sunset Traders has assets worth $300,000 and liabilities of $180,000. What is the owner's equity? A) $120,000 B) $480,000 C) $300,000 D) $180,000
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- Sunny Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of $74,500, and long-term debt of $42,500. What is the amount of the net fixed assets? a. $58,000 b. $111,000 c. $94,600 d. $63,900 e. $84,500Nova Enterprises has total liabilities of $750,000 and total equity of $500,000. What is its debt-to-equity ratio? a. 1.5 b. 0.67 c. 1.25 d. 1.0Glenwood corporation has the following sokve this accounting questions
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