Multiple Choice
On June 1st,a hotel's balance sheet shows assets of $6,400,000 and owners' equity of $2,000,000.What is the amount of the hotel's liabilities?
A) $2,400,000
B) $4,400,000
C) $6,400,000
D) $8,400,000
Correct Answer:
Verified
Correct Answer:
Verified
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