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Assets Amount (in millions) Cash $30 Accounts Receivable $20 Inventory $15 Property $100 Total Assets $165 WealthBuilders Ltd. also reports the following liabilities and equity:
Assets | Amount (in millions) |
Cash | $30 |
Accounts Receivable | $20 |
Inventory | $15 |
Property | $100 |
Total Assets | $165 |
WealthBuilders Ltd. also reports the following liabilities and equity:
Liabilities | Amount (in millions) |
Accounts Payable | $10 |
Loans Payable | $20 |
Equity | Amount (in millions) |
Common Stock | $50 |
Retained Earnings | $85 |
Calculate WealthBuilders Ltd.'s total liabilities, equity, and net worth.
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