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If assets are $368,000 and liabilities are $187,000, then equity equals: Multiple Choice $181,000. $187,000. $368,000. $555,000. Incorrect $923,000.

If assets are $368,000 and liabilities are $187,000, then equity equals:

Multiple Choice

$181,000.
$187,000.
$368,000.
$555,000.
Incorrect
$923,000.

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