Given the year end Balance Sheet (shown below), compute Total Equity (assume these are the actual amounts
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Question:
Given the year end Balance Sheet (shown below), compute Total Equity (assume these are the actual amounts and are not rounded):
Cash$11,263
A/R8,919
Inventory5,893
Plant & Equipment69,200
Accum Depreciation(27,880)
A/P1,756
Current Debt2,100
Long-term Debt19,000
Common Stock29,158
Retained Earnings15,381
Market Cap29,000
(NOTE: Enter your answer as a whole number with NO "$", no commas, no period and no rounding.(For example 18,456 would be input as18456)
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