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Prime Investments, in a bulleted list, presents its balance sheet: Assets: Cash: $50 million Investments: $120 million Liabilities: Accounts Payable: $10 million Loans Payable: $30
Prime Investments, in a bulleted list, presents its balance sheet:
- Assets:
- Cash: $50 million
- Investments: $120 million
- Liabilities:
- Accounts Payable: $10 million
- Loans Payable: $30 million Calculate Prime Investments' total equity as of December 31, 20X8.
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