1. If total liabilities amount to P 400,000 which is 1/3 of the total assets, what is the amount of residual interest of the business?

Hi guys! I'm needing for your help and hoping you can solve this with solution. Thank you so much!

Question added by Virtual Stories And Giveaways , Human Resource , Eternal Investments
Date Posted: 2020/11/12

Upvote (0) Views (3) Followers (2) Answers (2) Report Question

by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Total assets equal1,, .

Total liabilities equal,

-------------------------------------.

Residual interest equal total assets minus total liabilities .,

thanking you.

by Arti Thakur , Operation Executive , Kotak Life Insurance

residual interest is 800000

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