If total assets of a company equal $12,000 and total stockholders' equity equals $4,000, then total liabilities
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If total assets of a company equal $12,000 and total stockholders' equity equals $4,000, then total liabilities equal $8,000.
⊚ true
⊚ false
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Related Book For 
Loose Leaf For Financial Accounting For Managers
ISBN: 978-1264503988
1st Edition
Authors: Wayne Thomas ,Michael Drake ,Jake Thornock ,David Spiceland
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