Question
Alibaba Group Holding Limited and Tencent Holdings Limited are major players in the technology and e-commerce industry. Let's compare their financial positions using the following
Alibaba Group Holding Limited and Tencent Holdings Limited are major players in the
technology and e-commerce industry. Let's compare their financial positions using the following
data:
Alibaba Group Holding Limited:
● Total Assets: $400 billion
● Total Liabilities: $250 billion
● Total Equity: $150 billion
● Net Income: $25 billion
Tencent Holdings Limited:
● Total Assets: $350 billion
● Total Liabilities: $200 billion
● Total Equity: $150 billion
● Net Income: $22 billion
Compare the following: a) Total Assets b) Total Liabilities c) Total Equity d) Net Income
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