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A company has $410,000 in assets and $250,000 in liabilities. What is the amount of the company's shareholder's equity? A. $660,000 B. $80,000 C. $160,000 D. $120,000
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4 votes
A company has $410,000 in assets and $250,000 in liabilities. What is

the amount of the company's shareholder's equity?
A. $660,000
B. $80,000
C. $160,000
D. $120,000

User Nha
by
7.2k points

2 Answers

7 votes

c. 160,000

to find the shareholders equity you subtract liabilities from assets.

User MINJA KIM
by
7.0k points
11 votes
Answer: (A) $660,000
User Leidy
by
7.8k points
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