Blackstone Buildings, Inc. had net sales of $645,000; cost of goods sold of $315,400; total assets of $686,052; and total liabilities of $450,600. Compute the owners' equity.

Question

Blackstone Buildings, Inc. had net sales of $645,000; cost of goods sold of $315,400; total assets of $686,052; and total liabilities of $450,600. Compute the owners' equity.​

Quizplus · Accepted Answer

The Answer of Blackstone Buildings, Inc. had net sales of $645,000; cost of goods sold of $315,400; total assets of $686,052; and total liabilities of $450,600. Compute the owners' equity.​