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The Assets of Prosian Italia, a Marble and Granite Company

Question 79

Multiple Choice

The assets of Prosian Italia, a marble and granite company, amount to $400 million, and its liabilities add up to $180 million. Based on the accounting equation, Prosian Italia's owners' equity is equal to _____.


A) $580 million
B) $72,000 million
C) $2 million
D) $220 million

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