Total current liabilities are $100,000 and total owners' equity is $2,000,000.What are total assets?
A)We need to know retained earnings before we can compute total assets.
B)We need more information on long-term liabilities before we can compute total assets.
C)$2,000,000
D)$2,100,000

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The Answer of Total current liabilities are $100,000 and total owners' equity is $2,000,000.What are total assets?
A)We need to know retained earnings before we can compute total assets.
B)We need more information on long-term liabilities before we can compute total assets.
C)$2,000,000
D)$2,100,000

Total Current Liabilities Are $100,000 and Total Owners' Equity Is