help@plusacademics.org

[SOLVED]Chester's balance sheet has $75,340,000 in equity

Chester's balance sheet has $75,340,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Chester's book value?

Select : 1

Submit Answer

  •  $69,340,000
  •  $73,340,000
  •  $77,340,000
  •  $30,255,000



honeyd


17-03-21 | 07:32:11

book value=tangible assets-liability
asset=equity +liability
Asset=178552-4000
=174552

Login to answer this question!