Home Interiors has assets of $120,000 and liabilities of $45,000. What is the owners equity? a. $25,000
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Home Interiors has assets of $120,000 and liabilities of $45,000. What is the owner’s equity?
a. $25,000
b. $15,000
c. $75,000
d. $55,000
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Authors: David Haddock, John Price, Michael Farina
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