Review the accounting equation on page 12 1. Use the accounting equation to show how to determine the amount of a company's shareholders' equity. How would your answer change if you were analyzing your own household or a single Dairy Queen restaurant?

2. If you know assets and shareholders' equity, how can you measure liabilities? Give the equation.

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The Accounting Equation (in millions of dollars) Assets Liabilities + Shareholders' Equity (Deficit) For Dollarama Inc.: Assets $1,934.3 Liabilities $2,186.7 + + Shareholders' $(252.4) Equity (Deficit)