Ask Question
23 March, 19:30

If total assets = 200 and the company has long term debt = 30 and short term debt = 50, what is the shareholders equity? O 30 O 50 O 80 O 120

+3
Answers (1)
  1. 23 March, 19:45
    0
    The shareholders equity is 120

    Explanation:

    Basing on accounting equation:

    Total asset = Liabilities + Shareholders equity

    Therefore:

    Shareholders equity = Total asset - Liabilities = Total asset - (Short term debt + Long term debt)

    The company has total assets of 200, long term debt of 30 and short term debt of 50.

    Shareholders equity = 200 - (50 + 30) = 200 - 80 = 120
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If total assets = 200 and the company has long term debt = 30 and short term debt = 50, what is the shareholders equity? O 30 O 50 O 80 O ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers