Question
A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000 in expenses for the
A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000 in expenses for the year. There were no stockholder investments or dividends during the year. Liabilities at the end of the year totaled $92,000. What are the total assets of the company at the end of the year?
| $45,000. | ||
| $92,000. | ||
| $98,000. | ||
| $210,000. | ||
| $282,000. |
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Nessus Network Auditing
Authors: Russ Rogers
2nd Edition
1597492086, 978-1597492089
