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E1-32B (similar to) Compute the missing amount in the accounting equation for each company (amounts in billions): Assets Liabilities Stockholders' Equity Auto Parts and Tires
E1-32B (similar to) Compute the missing amount in the accounting equation for each company (amounts in billions): Assets Liabilities Stockholders' Equity Auto Parts and Tires $ ? $ 46 $ 41 Strawberry Bank 22 ? 16 DJ Video Rentals 28 14 ? Requirement 1. Which company appears to have the strongest financial position? Explain your reasoning. Calculate the missing amounts. (Enter amounts in billions.) Assets Liabilities Stockholders' equity Auto Parts and Tires $ 46 $ 41 Strawberry Bank 22 16 DJ Video Rentals 28 14
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