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Below are approximate amounts related to balance sheet information reported by five companies in previous years. Below are approximate amounts related to balance sheet information
Below are approximate amounts related to balance sheet information reported by five companies in previous years.
Below are approximate amounts related to balance sheet information reported by five companies in previous years. 1. ExxonMobil reports total assets of $220 billion and total liabilities of $103 billion. 2. Citigroup reports total liabilities of $1,460 billion and stockholders' equity of $106 billion. 3. Amazon.com reports total assets of $4.3 billion and total stockholders' equity of $0.26 billion. 4. Nike reports an increase in assets of $1.16 billion and an increase in liabilities of $0.4 billion. 5. Kellogg reports a decrease in liabilities of $0.30 billion and an increase in stockholders' equity of $0.03 billion. (Enter your answers in billions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign.) Required: 1. What is the amount of stockholders' equity of ExxonMobil? Stockholders' equity billion 2. What is the amount of total assets of Citigroup? Total assets billion 3. What is the amount of total liabilities of Amazon.com? Total liabilities billionStep by Step Solution
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