Question
The local medical clinic has Current Assets of $125,000, Non-Current Assets of $740,000, Current Liabilities of $75,000, Non-Current Liabilities of $370,000, Revenues of $25,000, and
The local medical clinic has Current Assets of $125,000, Non-Current Assets of $740,000, Current Liabilities of $75,000, Non-Current Liabilities of $370,000, Revenues of $25,000, and Expenses of $21,000. What is the net worth of the business?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
