Suppose a local catering company owes $15,000 on a van it uses for deliveries. The owner's equity is $72,000. What must the value be of the company's owner's equity?
A) $75,000
B) $87,000
C) $57,000
D) $43,000

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The Answer of Suppose a local catering company owes $15,000 on a van it uses for deliveries. The owner's equity is $72,000. What must the value be of the company's owner's equity?
A) $75,000
B) $87,000
C) $57,000
D) $43,000

Suppose a Local Catering Company Owes $15,000 on a Van