Jammer Corporation holds cash of $8,000 and owes $21,000 on accounts payable. Jammer has accounts receivable of $33,000, inventory of $28,000, and land that cost $42,000. How much are Jammer’s total assets and liabilities?
A: Total Assets$83,000; Liabilities$49,000
B: Total Assets$69,000; Liabilities$63,000
C: Total Assets$111,000; Liabilities$49,000
D: Total Assets$111,000; Liabilities$21,000
A: Total Assets$83,000; Liabilities$49,000
B: Total Assets$69,000; Liabilities$63,000
C: Total Assets$111,000; Liabilities$49,000
D: Total Assets$111,000; Liabilities$21,000
举一反三
- Which of the following are correct descriptions of Current ratio A: Current assets-current liabilities B: Current assets/current liabilities C: How much of the total current assets is financed by current liabilities D: Inventory days +receivable days-payable days
- Assets total $150,000<br/>and Liabilities total £60,000.<br/>The equity of the business must total ( <br/>) A: £21,000 B: £9,000 C: £210,000 D: £90,000
- The liabilities of Emerald Co. equal one-third of the total assets, and owner’s equity is $120,000. What is the amount of the liabilities?
- If the liabilities owed by a business total $300,000 and owners equity is equal to $300,000, then the assets also total $300,000.（)
- Ample Company has total assets of $100,000 and total liabilities of $60,000. The company’s equity is（） A: $40,000 B: $60,000 C: $100,000 D: $160,000