Star Corporation has $83,000 in Liabilities and $118,000 in Stockholders' Equity. What is the value of the company's Assets?

A) $35,000
B) $118,000
C) $201,000
D) Not enough information provided


C) $201,000
Explanation: Liabilities + SE; Assets = $83,000 + $118,000; for algorithmic - answer for Assets is Liabilities amount + SE amount

Business

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