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

question 124

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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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Definitions:

Number Expression

A mathematical statement used to represent a quantity or to carry out a calculation.

Alma Mater

A school, college, or university from which one has graduated or attended.

Number Rules

Guidelines or principles related to the use, manipulation, and understanding of numbers in various contexts.

Number Expression

An arrangement of numbers and mathematical symbols that collectively represent a numerical value or equation.

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