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02.02 - Describe the financial statements that corporations publish and the information that each statement provides. Ruby Enterprises Ltd. has long-term bonds worth $35 million,
02.02 - Describe the financial statements that corporations publish and the information that each statement provides. Ruby Enterprises Ltd. has long-term bonds worth $35 million, retained earnings of $50 million, accounts payable of $10 million, notes payable of $12 million, and inventory worth $18 million. What is the value of total liabilities of Ruby Enterprises?
please work it out for me so I know how to do it! thank you!
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