Question
Hospital General has total current assets of $500,000; total current liabilities of $450,000; and long-term assets of $800,000. How much is the sum of Hospital
Hospital General has total current assets of $500,000; total current liabilities of $450,000; and long-term assets of $800,000. How much is the sum of Hospital General's Total Liabilities & Equity? Format answer with no $ symbols or commas.
1,300,000 is the answer I calculated. Did I work this correctly?
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
