Total assets = $900, fixed assets = $600, long-term debt = $500, and short-term debt = $200. Total equity?  A. $0 B. $100 C. $200 D. $300

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter2: Analysis Of Financial Statements
Section: Chapter Questions
Problem 16PROB
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Total assets = $900, fixed assets = $600, long-term debt = $500, and short-term debt = $200. Total equity? 
A. $0
B. $100
C. $200
D. $300

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