SOLUTION: ) The assets of ABC Company are $260,000 and the total liabilities are $60,000. The equity is ________. A) $160,000 B) $220,000 C) $60,000 D) $200,000

Algebra ->  Quadratic Equations and Parabolas -> SOLUTION: ) The assets of ABC Company are $260,000 and the total liabilities are $60,000. The equity is ________. A) $160,000 B) $220,000 C) $60,000 D) $200,000       Log On


   

Question 1160817: ) The assets of ABC Company are $260,000 and the total liabilities are $60,000. The equity is ________.
A) $160,000
B) $220,000
C) $60,000
D) $200,000
Answer by MathLover1(20849) About Me  (Show Source):
You can put this solution on YOUR website!
if the assets of ABC Company are $260000 and the total liabilities are $60000, the equity is
$260000-60000=200000

answer is: D) $200000