A company's balance sheet shows: Cash $28,000, Accounts receivable $19,000, Office equipment $53,000, and Accounts payable $20,000.

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A company's balance sheet shows: Cash $28,000, Accounts receivable $19,000, Office equipment $53,000, and Accounts payable $20,000. What is the amount of total equity?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Posted Date: Oct 02, 2023 07:53 AM

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A company's balance sheet shows: Cash $28,000, Accounts receivable $19,000, Office equipment $53,000, and Accounts payable $20,000.

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To calculate the total equity of the company youll ... View the full answer

Fundamentals of Corporate Finance

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