Balance sheet relations. The balance sheet of GoldRan, a South African mining company, shows current assets of

Question:

relations. The of GoldRan, a South African mining company, shows current assets of R6,085.1, noncurrent assets of R49,329.8, noncurrent liabilities of R13,948.4, and current liabilities of R4,360.1. GoldRan reports in millions of South African rand (R). What is the amount of GoldRan’s shareholders’ equity?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...