Multiple Choice
The Cheese Shoppe's liabilities total $59,000 and its owners' equity is $124,000. Which of the following statements is correct?
A) the total assets equal $65,000
B) the firm's assets are $124,000
C) the total assets equal $183,000
D) the firm's sales are $183,000
Correct Answer:
Verified
Correct Answer:
Verified
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