The Cheese Shoppe's liabilities total $59,000 and its owners' equity is $124,000. Which of the following is true?
A. The total assets equal $65,000.
B. The firm's assets are $124,000.
C. The current liabilities are less than the current assets.
D. The total assets equal $183,000.
E. The firm's sales are $183,000.
Answer: D
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