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katrin2010 [14]
2 years ago
5

The liabilities of Oriole Company are $117,000 and the owner’s equity is $227,000. What is the amount of Oriole Company’s total

assets?
Business
2 answers:
nekit [7.7K]2 years ago
4 0

Answer:

$344,000

Explanation:

The applicable formula, in this case, is the accounting equation.

Assets= Liabilities + Equity.

Liabilities =$117,000

Equity =$227,000

Assets = $117,000 + $227,000

Assets = $344,000

Anastaziya [24]2 years ago
3 0

Answer:

$344,000

Explanation:

liabilities= $117,000

                         --------> assets= $344,000

equity= $227,000

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8 0
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Transmissions are delivered to the fabrication line five at a time. It takes two hours for transmissions to be delivered. Approx
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6 0
3 years ago
You are the CEO of a company that has to choose between making a $100 million investment in Russia or Poland. Both investments p
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Russia has a higher score in the ranking, which means that doing business is less risky there. Poland has particularly high risks in the starting a business category, which means that the mere act of starting the business in Poland might be a risky decision.

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E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.

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