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Hemd Company Has Liabilities Equal to One Fourth of the Total

question 61

Essay

Hemd Company has liabilities equal to one fourth of the total assets. Hemd's shareholders'equity is €60,000. Using the accounting equation, what is the amount of liabilities for Hemd?


Definitions:

Performance Objectives

Specific goals set for employees or teams to achieve, used to evaluate their effectiveness and productivity.

Good Time Management

The effective planning and controlling of one's time to efficiently accomplish tasks and objectives, optimizing productivity.

Screening Telephone Calls

The process of evaluating incoming calls strategically to manage time effectively, often to filter out unwanted or less important calls.

Priorities

Items or activities that are regarded as more important than others and therefore necessitate attention or action first.

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