Question
If I have Total assets = $30,985,500 and Total liabilities $21,682,350. This would indicate Total liabilities of $9,303,150. I am provided with Gross equity figure
If I have Total assets = $30,985,500 and Total liabilities $21,682,350. This would indicate Total liabilities of $9,303,150.
I am provided with Gross equity figure of $36,088,100. What would account for the difference in gross equity and total equity?
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College Algebra Graphs and Models
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
5th edition
321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405
