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    flewmac's Avatar
    flewmac Posts: 1, Reputation: 1
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    #1

    Oct 25, 2012, 11:54 AM
    The total assets of Haldeman Company are $170,000 and its stockholders
    The total assets of Haldeman Company are $170,000 and its stockholders' equity is $90,000. What is the amount of its total liabilities?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Oct 25, 2012, 02:41 PM
    Ah Shucks! Apparently you don't understand the basic accounting equation; assets minus liabilities equal equity
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