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Montgomery Radiology Assignment: You are the adminstrator of Montgomery Radiology. You are preparing for a meeting with the owner and CEO. The total assets and

Montgomery Radiology Assignment: You are the adminstrator of Montgomery Radiology. You are preparing for a meeting with the owner and CEO. The total assets and total liabilities of Montgomery Radiology Service East and Montgomery Radiology Service West at the end of 2017 fiscal year are shown in the table below:

1. Determine the owners equity in the east and west locations. 2. Determine the owners total equity in Montgomery Radiology Services 3. Analyze your findings. Prepare what you will discuss with the Owner.

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Montgomery Radiology Service East (in millions) Montgomery Radiology Service West (in millions) Total for Montgomery Radiology Assets Liabilities Owner's Equity 2,623 $ 1,110 $ 1,551 1,670

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