If a business has the following balances, what would be the amount of total liabilities? ASSETS Cash                           $   5000 Accounts Receivable       2575 Equipment                      14000 OWNER'S EQUITY Anne Miller, Capital          2600

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A: Assets = liabilities + Equity shareholders fund    The fundamental accounting equation, also called…

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A: Step 1:  To calculate the long-term debt to equity ratio, we need to find the amount of long-term…

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A: Net Assets = Total Assets - Liabilities

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Q: Determine the value of Liabilities when Assets = $96,496 and Owner's Equity is $61,707.

A: Total value of assets = Total value of Liabilities + Total value of  Owner's Equity

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A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

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A:

Q: Owner's equity is OR150,000 and total liabilities are OR90,000. Total assets would be: Select one:…

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A: Statement of financial position shows all assets, all liabilities and equity balances as on date.

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A: To Find: Quick ratio

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A: Introduction:- Ratio analysis used identify the business performance of the company. It is used to…

Q: what is its current ratio

A: Thank you for posting questions. Since above the image it is mentioned to calculate the Current…