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Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts. ($ millions) Assets = Liabilities + Equity
Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts.
($ millions) | Assets | = | Liabilities | + | Equity |
---|---|---|---|---|---|
Hewlett-Packard | $108,768 | $85,935 | Answer | ||
General Mills | $22,658 | Answer | $8,096 | ||
Target | Answer | $31,605 | $16,558 |
Which of these companies is more owner-financed?
Hewlett-Packard
General Mills
Target
Which of these companies is more nonowner-financed?
General Mills
Hewlett-Packard
Target
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