If the assets are $2,000,000 and liabilities are $1,600,000, what is the owners equity?

Question:

If the assets are $2,000,000 and liabilities are $1,600,000, what is the owners’ equity?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

Question Posted: