A firm has common stock of $97, paid-in surplus of $340, total liabilities of $445, current assets of $460, and net fixed assets of $670. What is the amount of the shareholders' equity?

Respuesta :

Answer:

Shareholders Equity = $685

Explanation:

Net Fixed assets            $670

Add: Current assets       $460

Total assets                    $1,130

Less: Total liability          $445

Shareholders Equity       $685