Equipment and patents are known as intangible assets. O True O False QUESTION 40 If a company has $50,000 of assets, which of the following could be true? a. It has $23,000 in owners' equity and $27,000 in liabilities. O b. The company has fewer assets than it does liabilities. O c. It has -$50,000 in stockholders' equity and $100,000 in liabilities. O d. The company has more owners equity than assets. O e. It has $30,000 in liabilities and $80,000 in owners' equity. Click Save and Submit to save and submit. Click Save All Answers to save all answers