pcolasfinest
10+ year member
Go ahead, drink it in.
ok i'm really stupid when it comes to math, don't know why i took accounting but it is part of my major for some reason, anyways if someone could help me with the answer would be greatly appreciated. ok here is the question..
The liabilities of SalaVimé Corp. equal one-third of the total assets, and stockholders’ equity is $ 160,000. What is the amount of the liabilities?
assets=liabilities+stockholders equity.
The liabilities of SalaVimé Corp. equal one-third of the total assets, and stockholders’ equity is $ 160,000. What is the amount of the liabilities?
assets=liabilities+stockholders equity.
