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Accounting/Economics Help ABC Co. has current assets of $50M and total assets of $150M. ABC has current liabilities of $30M and total liabilities of $80M.
Accounting/Economics Help
ABC Co. has current assets of $50M and total assets of $150M. ABC has current liabilities of $30M and total liabilities of $80M. What is the amount of ABC's owner's equity and working capital?
a. 70M and 20M
b. 200M and 110M
c. 100M and 50M
d. 230M and 80M
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