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, Inc., has current assets of $ 180 $180 million; property,plant, and equipment of $ 300 $300 million; and other assets totaling $ 100 $100
, Inc., has current assets of $ 180
$180 million; property,plant, and equipment of $ 300
$300 million; and other assets totaling $ 100
$100 million. Current liabilities are $ 110
$110 million andlong-term liabilities total $ 310
$310 million.
Requirements
1.Use these data to writeTinman
Tinman's accounting equation.
2.How much in resourcesdoes Tinman
Tinman have to workwith?
3.How much does Tinman
Tinman owecreditors?
4.How much of thecompany's assets do the Tinman
Tinman stockholders actuallyown?
(Enter all amounts in millions ofdollars.)
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