Question: Question 1 (1 point) Given the following informtion: Long term assets = $350,000, Revenues = $1,200,000, Depreciation = $100,000, Short Term Assets = $300,000, Expenses
Question 1 (1 point) Given the following informtion: Long term assets = $350,000, Revenues = $1,200,000, Depreciation = $100,000, Short Term Assets = $300,000, Expenses = $950,000, Interest = $25,000, Short Term Liabilities = $100,000, Equity = ?, Long Term Debt = $400,000, Tax Rate = 30%, What is the value for Equity? a) $400,000 Ob) $100,000 Oc) $150,000 d) None of these e) $200,000
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