Suppose Hunt Company has receivables of $65,000, furniture totaling $205,000, and cash of $52,000. The business has a $109,000 note payable and owes $81,000 on the account. How much is Hunt's owner equity? a. $28,000 b. $132,000 c. $190,000 d. $322,000
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How much is hunt's owner equity?
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- Suppose your business has cash of P50,000, receivables of P60,000 and furniture totaling P200,000. The store owes P80,000 on account and has a P100,000 note payable. How much is your equity? Group of answer choices P130,000 P180,000 P310,000 P20,000Karen’s Diner has provided the following financial information: cashand marketable securities = $250,000, accounts receivable =$1,350,000, inventory = $2,770,000, accrued wages and taxes=$455,000, accounts payable = $911,000, and notes payable =$550,000. Find the net working capital( round your answer to the nearest dollar amount.)Need answer please
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