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  3. iskiyou, inc. has total current assets of $1,200,0

iskiyou, Inc. has total current assets of $1,200,000; total current liabilities of $500,000; long-term assets...

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Accounting

iskiyou, Inc. has total current assets of $1,200,000; total current liabilities of $500,000; long-term assets of $800,000; and long-term debt of $600,000. How much is the firm's total equity?

A) $1,200,000

B) $800,000

C) $900,000

D) $2,000,000

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