Multiple Choice
A company's balance sheet shows: cash $24,000, accounts receivable $30,000, equipment $50,000, and equity $72,000. What is the amount of liabilities?
A) $104,000.
B) $76,000.
C) $32,000.
D) $68,000.
E) $176,000.
Correct Answer:
Verified
Correct Answer:
Verified
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