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A company has Liabilities of $23,500 and Stockholders' Equity of $56,500. How much does the company have in Assets?

A company has Liabilities of $23,500 and Stockholders' Equity of $56,500. How much does the company have in Assets?
asked 188k views
1 vote
A company has Liabilities of $23,500 and Stockholders' Equity of $56,500. How much

does the company have in Assets?

asked
User Nether
by
8.3k points

1 Answer

6 votes
$80,000, since the formula is assets=liabilities+owners equity
answered
User Md Yeasin Arafat
by
7.5k points
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