Assets are twice as much liabilities. What is the value of my assets? If my equity is 150,000

Given that:

\text{Assets (A)} = 2 \times \text{Liabilities (L)}

And also,

\text{Equity (E)} = \text{Assets (A)} - \text{Liabilities (L)}

We know:

\text{Equity} = 150,000

Let us assume:

\text{Liabilities (L)} = x

Then,

\text{Assets (A)} = 2x

Substituting these into the equity equation gives:

150,000 = 2x - x

Thus,

150,000 = x

Therefore:

\text{Assets} = 2 \times 150,000 = 300,000