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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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