Busıness Fınance I Deneme Sınavı Sorusu #1181215

What is the equity of company XYZ at the end of last year given the following information?

Current assets last year were TL 500,000.

Long term asstes last year were TL 300,000.

Current liabilities last year were TL 400,000.

Long-term liabilities last year were TL 150,000.


TL 150,000

TL 200,000

TL 250,000

TL 300,000

TL 350,000


Yanıt Açıklaması:

Total assets = Total liabilites and equity, hence Equity = Total assets  -Total liabilities 

Total assets = Current assets + Long term assets = TL 500,000 + TL 300,000 = TL 800,000

Total Liabilites = Current liabilities + Long term liabilites =TL 400,000 +TL 150,000 = TL 550,000. 

Equity = TL 800,000 -TL 550,000 = TL 250,000

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