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Calculate firm total assets and equities

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Reference no: EM133140052

Question - See the following information - Balance Sheet information

Cash $500,000

Account Payable $600,000

Long-term Debt $1,300,000

Account Receivable $1,700,000

Inventory $1,500,000

Common Stock $1,900,000

Preferred Stock $500,000

Net Fixed Assets $2,500,000

Retained Earnings $1,400,000

Accruals $500,000

Required - Calculate firm's total assets and equities?

Reference no: EM133140052

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