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Question 8 If assets are $ 3 8 5 , 0 0 0 and equity is $ 1 3 0 , 0 0 0 ,

Question 8
If assets are $385,000 and equity is $130,000, then liabilities are:
$515,000.
$255,000.
$130,000.
$640,000.
$385,000.
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