A company has $600,000 in short-term borrowings and $800,000 in long-term borrowings. What is the total equity

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A company has $600,000 in short-term borrowings and $800,000 in long-term borrowings. What is the total equity and liabilities when using a vertical analysis of the statement of financial position?

a) 25%

b) 100%

c) ($200.000)

d) $ 1.400.000

Related Book For answer-question

Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Posted Date: Feb 23, 2020 09:39 PM

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A company has $600,000 in short-term borrowings and $800,000 in long-term borrowings. What is the total equity

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Intermediate Accounting IFRS

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