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Accounting Equation The total The resources owned by a business.assets and total The rights of creditors that represent debts of the business.liabilities (in millions) of
Accounting Equation
The total The resources owned by a business.assets and total The rights of creditors that represent debts of the business.liabilities (in millions) of Green Mountain Coffee Roasters, Inc. and Starbucks A business organized under state or federal statutes as a separate legal entity.Corporation follow:
Green Mountain | Starbucks | |||||||
Assets | $3,616 | $8,219 | ||||||
Liabilities | 1,345 | 3,110 |
Determine the The owner's right to the assets of the business.owners' equity of each company.
Green Mountain Coffee Roasters' owners' equity | $ million |
Starbucks' owners' equity | $ million |
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