Question
Compare the financial positions of two companies, Alphabet Inc. and Berkshire Hathaway Inc., in terms of assets, liabilities, and equity. Use the going concern principle
Compare the financial positions of two companies, Alphabet Inc. and Berkshire Hathaway Inc., in terms of assets, liabilities, and equity. Use the going concern principle to analyze how their respective equity values reflect their long-term sustainability and financial robustness.
Company | Total Assets | Total Liabilities | Equity (Going Concern) |
Alphabet Inc. | $400,000 | $200,000 | ??? |
Berkshire Hathaway | $600,000 | $300,000 | ??? |
Complete the table by calculating the missing values for equity for both Alphabet Inc. and Berkshire Hathaway Inc. based on the going concern principle.
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
