Acme Inc. has Liabilities of $87019 and Stockholders' Equity of $75779. What is the value of...
Acme Inc. has Liabilities of $87019 and Stockholders' Equity of $75779. What is the value of Assets
Enter the value in whole numbers with no decimals.
Homework Answers
Assets = Liabilities + Equity
Liabilities of Acme Inc. = $ 87,019
Stockholder's Equity of Acme Inc. = $ 75,779
Total Equity & liabilities = Assets = $ 75,779 + $ 87,019 = $ 162,798
Therefore,
Value of Assets = $ 162,798
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