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A company has $530,000 in assets and $170,000 in shareholder's equity.
What is the total of the company's liabilities?
O A. $360,000
O B. $170,000
O C. $700,000
O D. $265,000

Sagot :

Sqdancefanidn

Answer:

   A.  $360,000

Step-by-step explanation:

Shareholder equity is the amount by which the assets exceed the liabilities.

  A - L = E

  530,000 - L = 170,000

  L = 530,000 -170,000 = 360,000

The total of the company's liabilities is $360,000.

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