A company has $72,000 in Assets and $23,000 of Stockholders' Equity. How much does the company have in Liabilities?
A) $23,000
B) $49,000
C) $95,000
D) Cannot be determined from the given information
B) $49,000
Explanation: Liabilities + SE; $72,000 = Liabilities + $23,000; for algorithmic - Asset amount - SE amount = Liabilities
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