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Question 1 of 1
1. Question
You are provided with a list of a company’s assets and liabilities. Using the list of assets and liabilities:
- Calculate total assets
- Calculate total liabilities
- Calculate equity
Use a calculator and pen and paper if necessary.
Use commas to write in the numbers (example: 1,000,000 instead of 1000000).
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Total assets =
Total liabilities =
Equity =
CorrectIncorrect