At XYZ corporation, if retained earnings are $10,000 and liabilities are $25,000, what is the total asset

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At XYZ corporation, if retained earnings are $10,000 and liabilities are $25,000, what is the total asset amount?

-$35,000

-$50,000

-An unknown figure

-None of these is correct

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Introduction to Management Science

ISBN: 978-0133778847

12th edition

Authors: Bernard W. Taylor

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Posted Date: Jan 08, 2021 07:38 AM

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At XYZ corporation, if retained earnings are $10,000 and liabilities are $25,000, what is the total asset

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The Option 3 is correct Explanation Total asset amount is the unknown figure We cannot ... View the full answer

Introduction to Management Science

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