If a company's equity is $340,000 and liabilities are $195,000, what is the value of the company's assets?

For this case, the first thing you should keep in mind is the following definition:

equity = assets - liabilities

Therefore, by clearing we have:

assets = equity - liabilities

Substituting values we have:

assets = (340000) - (195000)

assets = $ 145,000

Answer:

The value of the company's assets is:

assets = $ 145,000