Question
Melody Shannon is a maker of fine designer clothes . Their blance sheet information is as follows : Current Asset Value : 2019 : $150,000
Melody Shannon is a maker of fine designer clothes . Their blance sheet information is as follows : Current Asset Value : 2019 : $150,000 ; 2018 : $125,000 . Net Fixed Assets : 2019 : $1,100,000 ; 2018 : $950,000 . Current Liabilities : 2019 : $110,000 ; 2018 : 79,000 . Long -Term Debt : 2019 : $600,000 ; 2018 : $400,000 . What is the shareholders ' equity for 2018 ?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
