If you only knew a company's total assets and total debt,which item could you easily calculate?

Name: If you only knew a company's total assets and total debt,which item could you easily calculate?
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

Total equity can be calculated by subtracting total debt from total assets. The equation for total equity is: Total Equity = Total Assets - Total Debt. Therefore, if you know a company's total assets and total debt, you can easily calculate its total equity.

If You Only Knew a Company's Total Assets and Total