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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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A company has a net cash inflow from operating activities of $793,000, a net cash outflow of $58,000 from investing activities a
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Answer:

Incorrect Statement about the Statement of Cash Flows:

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Explanation:

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3 years ago
All of the following are ways listed in your text that customers engage with brands via social media except consumers acting as
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5 0
3 years ago
What is a post secondary student highest fixed expense
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8 0
3 years ago
On December 30, Year 12, AGH, Inc. purchased a machine from Grant Corp. inexchange for a zero-interest-bearing note requiring ei
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Answer:

$329,840

Explanation:

Calculation to determine the net note payable to Grant

Net note payable to Grant=$70,000 × 4.712

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Therefore On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:$329,840

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