The assets of Crane Company are $820,000 and liabilities are $280,000. What is the amount of Crane

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The assets of Crane Company are $820,000 and liabilities are $280,000. What is the amount of Crane Company's owners equality?

2) The total assets of Larkspur Inc. are $720,000, and it's liabilities are equal to one half of its total assets. What is the amount of larkspur, inc's owner equity?

3) The total assets of pronghorn corp. are $210,000 and it's owners equity is $53,000. What is the amount of pronghorn corps total liabilities.

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Jul 05, 2023 01:02 PM

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The assets of Crane Company are $820,000 and liabilities are $280,000. What is the amount of Crane

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1 The owners equity of Crane Company can be calculated by subtracting the total liabilities from the ... View the full answer

Foundations of Financial Management

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