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Asked by Ronald

The total assets of Capp Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Capp Co.’s owner’s equity?
11 years ago

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Answered by Anonymous
120,000
11 years ago
Answered by Same
$200,000
10 years ago
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The total assets of Capp Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Capp Co.’s owner’s equity?

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