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LATAM Corporation had total assets of $150 million on its balance sheet as of January 1, 2018. Shareholders equity on the balance sheet as of
LATAM Corporation had total assets of $150 million on its balance sheet as of January 1, 2018. Shareholders equity on the balance sheet as of that same date was $52 million. During 2018, assets increased $35 million and liabilities decreased $10 million. What was LATAMs equity at December 31, 2018? Don't include the $ and present in millions (e.g., $1,000,000 should be entered as 1).
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