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What the staples company total equity is

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Reference no: EM132762555

The staples company has the following assets and liabilities:

Assets: Cash $100, accounts receivable $150, inventory $240, land $200, plant- not of accumulated depreciation $300.

Liabilities: Short-term bank loan $60, accounts playable $160, long-term mortgage load $160.

Problem 1: The staples company's total equity is

A) $770.00

B) $380.00

C) $880.00

D) $610.00

E) $990.00

Reference no: EM132762555

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