Assume that Harbor Marine Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order; dollar amounts are in millions.

Other liabilities $2 million
Other assets $20 million
Expenses $26 million
Stockholders’ equity $5 million
Revenues $37 million
Cash $4 million
Accounts payable $6 million

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04-11-2022
Mathematics

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Assume that Harbor Marine Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order; dollar amounts are in millions.

Other liabilities $2 million
Other assets $20 million
Expenses $26 million
Stockholders’ equity $5 million
Revenues $37 million
Cash $4 million
Accounts payable $6 million

Sagot :

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