If a business has fixed assets of ($750,000,) working capital of ($150,000,) and long-term debt of ($300,000,)

Question:

If a business has fixed assets of $$750,000,$ working capital of $$150,000,$ and long-term debt of $$300,000,$ its shareholders’ equity can be calculated as

a. $1,200,000

b. $1,050,000

c. $900,000

d. $600,000

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