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Accounting Equation The Walt Disney Company (DIS) had the following assets and liabilities (in millions) at the end of Year 1. Assets $84,141 Liabilities 39,183

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Accounting Equation The Walt Disney Company (DIS) had the following assets and liabilities (in millions) at the end of Year 1. Assets $84,141 Liabilities 39,183 a. Determine the stockholders' equity of Walt Disney at the end of Year 1. 44,958 million b. If assets increased by $4,041 million and stockholders' equity decreased by $433 million, what was the increase or decrease in liabilities for the Year 22 42,791 |X million increase c. What were the total assets, liabilities, and stockholders' equity at the end of Year 2? Total assets Total liabilities 88, 1821 million 42,791 X million 44,958 | X million Total stockholders' equity d. Based upon your answer to (c), does the accounting equation balance? Yes v

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