Question: Calculate the Total equity . BALANCE SHEET CURRENT ASSETS CURRENT LIABILITIES Cash $6188 Account payable $9887 Account receivable $4841 Others $1255 Inventory $7377 FIXED ASSETS

Calculate the Total equity.

BALANCE SHEET
CURRENT ASSETSCURRENT LIABILITIES
Cash$6188Account payable$9887
Account receivable$4841Others$1255
Inventory$7377





FIXED ASSETS
Total long-term debt$21225
Building & equipment$37749


You have the following information from the Income Statement
Sales$40354
Cost of goods sold$18940
R&D expenses$2011
Interest$1133
Corporate tax$1392



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