asked 194k views
4 votes
If total liabilities are $200,000 and total assets are $325,000, owner's equity would be: 2)

a. $525,000
b. $200,000
c. $125,000
d. impossible to determine from the given data

1 Answer

6 votes
$125,000 The Answer is c:
$325,000-$20000 (of liabilites) thus= $125,000
answered
User Cmbaxter
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.