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    Foundations of Finance
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    Exam 3: Understanding Financial Statements and Cash Flows
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    Siskiyou,Inc
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Siskiyou,Inc

Question 11

Question 11

Multiple Choice

Siskiyou,Inc.has total current assets of $1,200,000; total current liabilities of $500,000; and long-term assets of $800,000.How much is the firm's Total Liabilities & Equity?


A) $2,500,000
B) $1,300,000
C) $2,000,000
D) $1,800,000

Correct Answer:

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