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If owners equity is P125, 000 which is 40% of the total assets, how much is the total liabilities of the business? 2. If the

If owners equity is P125, 000 which is 40% of the total assets, how much is the total liabilities of the business? 2. If the economic resources of a business amount to P2,400,000 and its residual interest amounts to P1,995,000, what is the amount of its economic obligations?

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