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On June 30, 2023, Berkshire Hathaway Inc.'s balance sheet showed total assets of $700 billion and liabilities of $400 billion. The company decided to invest
ยท On June 30, 2023, Berkshire Hathaway Inc.'s balance sheet showed total assets of $700 billion and liabilities of $400 billion. The company decided to invest in a new subsidiary, costing $100 billion, and issued bonds worth $50 billion to raise funds. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in owner's equity from the beginning to the end of the year.
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