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What is the owners total equity

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Question 1: Total liabilities and total assets for a company amount to $100,000 and $250,000, respectively. Revenue for the year totaled $300,000. What is the owner's total equity?

Option a) $250,000

Option b) $150,000

Option c) $400,000

Option d) $650,000

Reference no: EM132470879

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