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-   -   How to find the assets and equity if the only given is the liabilities? (https://www.askmehelpdesk.com/showthread.php?t=675357)

  • Jun 26, 2012, 04:02 AM
    Louiseforeal
    How to find the assets and equity if the only given is the liabilities?
    Assets= ?
    Liabilities= 20% or P800,000
    Equity= ?

    How can I find the Assets and Equity then? Please help me!
  • Jun 26, 2012, 04:30 AM
    luckypenny
    Any addition information given?
  • Jun 26, 2012, 04:41 AM
    luckypenny
    Quote:
    Originally Posted by luckypenny View Post
    any addition information given?
    your full p value would be = 4 000 000
    4 000 000 * 20% = 800 000 (liabillities)
    4 000 000 * 40% = 1 600 000 (assets)
    4 000 000 * 40% = 1 600 000 (equity)

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