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Formula: Add, Subtract, Multiply; Cell Referencing Using Excel to Determine Accounting Equation Amounts PROBLEM Given the following components of the accounting equation for Holland
Formula: Add, Subtract, Multiply; Cell Referencing Using Excel to Determine Accounting Equation Amounts PROBLEM Given the following components of the accounting equation for Holland Company, answer each of the following questions. a. Total liabilities Stockholders' equity $ 120,000 232,000 S 190,000 86,000 0 1 b. Total assets 2 Stockholders' equity 3. 4 c. Total assets 5 Total liabilities 6 7 8 9 0 1 S 600,000 50% of total assets Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area. a. What is the amount of Holland Company's total assets? Total assets b. What is the amount of Holland Company's total liabilities? Total liabilities c. What is the amount of Holland Company's stockholders' equity? Stockholders' equity
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