Multiple Choice
A company has the following assets: (1) Fixed assets worth $30,000 and (2) investments worth $6,000.The company's total liabilities amount to $25,000.What is the owner's equity of the company?
A) $24,000
B) $36,000
C) $5000
D) $30,000
E) $11,000
Correct Answer:
Verified
Correct Answer:
Verified
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