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uni67 uni67
wrote...
Posts: 475
5 years ago

Suppose that Bill Toney, a tobacco farmer near Roanoke, Virginia has assets of $50 million and liabilities of $38 million. What is the equity for this tobacco farmer?



• $6 million

• $12 million

• $50 million

• $88 million
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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Answer verified by a subject expert
DWFG2796DWFG2796
wrote...
Posts: 368
5 years ago
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uni67 Author
wrote...
5 years ago
You make an excellent tutor!
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