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Accounting Equation The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow: ABC XYZ Assets $46,970 $45,561 Liabilities 20,667 21,869
Accounting Equation
The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow:
ABC | XYZ | |||
Assets | $46,970 | $45,561 | ||
Liabilities | 20,667 | 21,869 |
Determine the stockholders' equity of each company.
ABC Corporation stockholders' equity | $ million |
XYZ Corporation stockholders' equity | $ million |
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