ABC company has total assets of 500,000 and total liabilities of 300,000. The companies only equity components
Fantastic news! We've Found the answer you've been seeking!
Question:
ABC company has total assets of 500,000 and total liabilities of 300,000. The companies only equity components were common stock and retained earnings .
If common stock was 50,000, how much does retained earning have to be?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date: