Question: Can you solve this general accounting question with the appropriate accounting analysis techniques? Falcon Industries reports owner's equity of $620,000 and total liabilities of $280,000.

Can you solve this general accounting question with the appropriate accounting analysis techniques?

Falcon Industries reports owner's equity of $620,000 and total liabilities of $280,000. The company paid $40,000 in dividends during the year. What do the total assets equal? A. $340,000 B. $900,000 C. $660,000 D. $800,000

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