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Given the accounting equation, answer each of the following questions. ( a ) The liabilities of Martinez Company are $ 1 2 1 , 0
Given the accounting equation, answer each of the following questions.
a The liabilities of Martinez Company are $ and its stockholders' equity is $ What is the amount of Martinez Company's total assets?
Martinez Company's total assets $
b The total assets of Martinez Company are $ and its stockholders' equity is $ What is the amount of its total liabilities?
Martinez Company's total liabilities $
c The total assets of Martinez Company are $ and its liabilities are equal to onehalf of its total assets. What is the amount of Martinez Company's stockholders' equity?
Martinez Company's stockholders' equity
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