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A Company's Owners Invested $10,000 Total into the Company,which Made

Question 56

Multiple Choice

A company's owners invested $10,000 total into the company,which made a profit of $3,500 last year.Its total liabilities are currently at $7,000.What is the value of the total assets of this company?


A) $3,000
B) $3,500
C) $6,500
D) $13,500
E) $27,500

Correct Answer:

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