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  3. the equity of alliance company is $ 160 comma 000

The equity of Alliance Company is $ 160 comma 000 and the total liabilities are...

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Verified Solution

Question

Accounting

The equity of Alliance Company is

$ 160 comma 000

and the total liabilities are

$ 40 comma 000

.

The total assets are ________.

A.

$ 120 comma 000

B.

$ 80 comma 000

C.

$ 320 comma 000

D.

$ 200 comma 000

Answer & Explanation Solved by verified expert
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