If Total Liabilities of a Company Equal $16,000 and Total

question 124

True/False

If total liabilities of a company equal $16,000 and total stockholders' equity equals $9,000,then total assets equal $7,000.Total assets = Total liabilities ($16,000)+ Total stockholders' equity ($9,000)= $25,000.

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A professional responsible for designing and delivering training programs within corporations to improve skills and knowledge.

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