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Amazon.com Inc.'s balance sheet on June 30, 2023, showed total assets of $500 billion and owner's equity of $200 billion. During the year, the company
ยท Amazon.com Inc.'s balance sheet on June 30, 2023, showed total assets of $500 billion and owner's equity of $200 billion. During the year, the company issued bonds worth $100 billion to raise capital and purchased new equipment costing $50 billion. Calculate the new total assets and liabilities after these transactions. Also, determine the percentage change in liabilities from the beginning to the end of the year.
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