Pion Inc Reported Current Assets of $80 and Fixed Assets of of $150

question 16

Short Answer

Pion Inc. reported current assets of $80 and fixed assets of $150 as of December 31. The company, as of December 31, also reports current liabilities of $72 and long-term liabilities of $149. Calculate Pion's shareholder's equity.

---

Definitions:

Online Text

Written content available on the internet, accessible through devices connected to the web.

Legends

Explanatory lists of symbols or colors used in charts, maps, or diagrams to help interpret data visualizations.

Series Of Data

A sequence of data points, typically measured and collected over intervals of time.

Informative Titles

These are titles designed to clearly and succinctly convey the main topic or content of a work, making it easier for readers to understand what to expect.