The Pacific Hotel’s total assets amounted to $500,750 by the end of its fiscal year. During the year, its capital increased by $50,000 after a new investor came on board. Meanwhile, it continued to suffer a net loss of $44,200 up to year end. All these led to its total stockholders’ equity by the end of the year to amount to $122,800. How much is Pacific’s total liabilities?

asked by guest
on Nov 19, 2024 at 4:35 pm



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