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Assets Amount (in millions) Cash $40 Accounts Receivable $25 Inventory $20 Property $150 Total Assets $235 WealthBuilders Ltd. reports the following liabilities and equity: Liabilities
Assets | Amount (in millions) |
Cash | $40 |
Accounts Receivable | $25 |
Inventory | $20 |
Property | $150 |
Total Assets | $235 |
WealthBuilders Ltd. reports the following liabilities and equity:
Liabilities | Amount (in millions) |
Accounts Payable | $15 |
Loans Payable | $30 |
Equity | Amount (in millions) |
Common Stock | $70 |
Retained Earnings | $100 |
Calculate WealthBuilders Ltd.'s total liabilities, equity, and net worth.
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