Question: BALANCE SHEET CURRENT ASSETS CURRENT LIABILITIES Cash $ 5 2 0 7 Account payable $ 8 3 1 7 Account receivable $ 4 5 8

BALANCE SHEET
CURRENT ASSETS
CURRENT LIABILITIES
Cash
$5207
Account payable
$8317
Account receivable
$4586
Others
$2136
Inventory
$7783
FIXED ASSETS
Total long-term debt
$24746
Building & equipment
$37641
You have the following information from the Income Statement
Sales
$48683
Cost of goods sold
$16481
R&D expenses
$2888
Interest
$1427
Corporate tax
$1435
Calculate the Total equity. Enter the whole number (such as 123456) without any sign and symbol.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!