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|11 eBook Show Me How Accounting Equation The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow: Assets Liabilities
|11 eBook Show Me How Accounting Equation The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow: Assets Liabilities ABC XYZ $44,042 $42,721 19,378 20,506 Determine the stockholders' equity of each company. ABC Corporation stockholders' equity 22,732 X million XYZ Corporation stockholders' equity 20,474 X million Feedback Check My Work The accounting equation is Assets Liabilities + Stockholders' Equity; thus, by rearranging the equation you can calculate the missing stockholders' equity.
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