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The 2007 annual report for Anglo American PLC, the world's leading global mining company, shows that the firm had $34.042 billion in non-current assets and $9.962 billion in current assets. It reported $11.480 billion in current liabilities and $8.665 billion in non-current liabilities. How much was the equity of Anglo American PLC worth?

The 2007 annual report for Anglo American PLC, the world's leading global mining company, shows that the firm had $34.042 billion in non-current assets and $9.962 billion in current assets. It reported $11.480 billion in current liabilities and $8.665 billion in non-current liabilities. How much was the equity of Anglo American PLC worth?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The 2007 annual report for Anglo American PLC, the world's leading global mining company, shows that the firm had $34.042 billion in non-current assets and $9.962 billion in current assets. It reported $11.480 billion in current liabilities and $8.665 billion in non-current liabilities. How much was the equity of Anglo American PLC worth?
Transcribed Image Text:The 2007 annual report for Anglo American PLC, the world's leading global mining company, shows that the firm had $34.042 billion in non-current assets and $9.962 billion in current assets. It reported $11.480 billion in current liabilities and $8.665 billion in non-current liabilities. How much was the equity of Anglo American PLC worth?
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