Applying the Accounting Equation and Computing Financing Proportions The following table contains fiscal 2015 information for three companies that use IFRS. Apply the accounting equation to compute the missing financial amounts (a), (b), and (c). Which of these companies is more owner-financed? Which of these companies is more nonowner-financed? Discuss why the proportion of owner financing might differ across these three companies.

In millions Assets 5 Liabilities 1 Equity OMV Group (Austria) . . . . . . . . . . . . . . . . . . . . . . . . . € 32,66???? €18,366 (a)

Ericsson (????weden). . . . . . . . . . . . . . . . . . . . . . . . . . . ???????????? 28????,363

(b) ???????????? 1????7,366 BAE Systems (????????). . . . . . . . . . . . . . . . . . . . . . . . . . .

(c) ????20,083 ????3,002