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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.

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Answer #1

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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