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Assets Amount (in millions) Cash $60 Accounts Receivable $40 Inventory $20 Property $180 Total Assets $300 Visionary Ventures reports the following liabilities and equity: Liabilities
Assets | Amount (in millions) |
Cash | $60 |
Accounts Receivable | $40 |
Inventory | $20 |
Property | $180 |
Total Assets | $300 |
Visionary Ventures reports the following liabilities and equity:
Liabilities | Amount (in millions) |
Accounts Payable | $25 |
Loans Payable | $50 |
Equity | Amount (in millions) |
Common Stock | $90 |
Retained Earnings | $115 |
Calculate Visionary Ventures' total liabilities, equity, and net worth.
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