Multiple Choice
The owners' equity of Senesta Corp., an event management company, adds up to $23 million, and its liabilities add up to $17 million. Based on the accounting equation, the assets of Senesta Corp. are worth _____.
A) $1.35 million
B) $391 million
C) $7 million
D) $40 million
Correct Answer:
Verified
Correct Answer:
Verified
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