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: VWX Corporation's balance sheet states: Total Liabilities: $900,000 Total Assets: $1,500,000 Requirements: a. Calculate the Total Equity of VWX Corporation. b. Calculate the Equity-to-Assets
: VWX Corporation's balance sheet states:
- Total Liabilities: $900,000
- Total Assets: $1,500,000 Requirements: a. Calculate the Total Equity of VWX Corporation. b. Calculate the Equity-to-Assets ratio.
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