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Given the following data for XYZ company for the year end 12-31-20x1 Current assets $100,000 Long term assets $250,000 Current liabilities $50,000 Long term liabilities
Given the following data for XYZ company for the year end 12-31-20x1 | |
Current assets | $100,000 |
Long term assets | $250,000 |
Current liabilities | $50,000 |
Long term liabilities | $150,000 |
Find total equity |
$50,000 | ||
$100,000 | ||
$150,000 | ||
$200,000 |
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