Power World left parenthesis PW right parenthesisPower World (PW)

is one of the largest companies in the world with sales of more than

$ 635 billion. The company's balance sheet on January 1, 2009, had total assets of

$ 691billion and stockholders' equity(called shareowners' equity by of $138billion.

Requirements

1.	Compute PW total liabilities on January 1, 2009.
2.	As of January 1, 2009, PW had issued 10,392,519,000 shares of common stock. Assume a par value of s $ 0.09 per share. Compute the balance in the account, "Common Stock, Par Value" on PW's balance sheet.

Requirement 1. Compute PW's total liabilities on January 1, 2009.

Begin by selecting the labels of the balance sheet equation to solve for the total liabilities on January 1,2009.

You will need to rearrange the balance sheet equation to solve for the missing amount.

		-			=	Liabilities
	billion	-		billion	=		billion