1. If assets are 28,000 and owner's equity is 10,000 liabilities are

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...
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1. If assets are 28,000 and owner's equity is 10,000 liabilities
are
L
Transcribed Image Text:1. If assets are 28,000 and owner's equity is 10,000 liabilities are L
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