Question: Question 15 (2 points) A firm has $200,000 in current assets, $400,000 in long-term assets, $80,000 i current liabilities, and $200,000 in long-term liabilities. What

Question 15 (2 points) A firm has $200,000 in current assets, $400,000 in long-term assets, $80,000 i current liabilities, and $200,000 in long-term liabilities. What is the Equity? 1) $120,000 2) None of these 3) $520,000 4) $320,000

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