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Requirements 1. Use these data to write Troopit's accounting equation. 2. How much in resources does Troopit have to work with? 3. How much does
Requirements 1. Use these data to write Troopit's accounting equation. 2. How much in resources does Troopit have to work with? 3. How much does Troopit owe creditors? 4. How much of the company's assets do the Troopit stockholders actually own? Troopit, Inc., has current assets of $220 million; property, plant, and equipment of $330 million; and other assets totaling $100 million. Current liabilities are $110 million, and long-term liabilities total $300 million. Read the requirements. (Enter all amounts in millions of dollars.) Requirement 1. Use the data provided to write Troopit's accounting equation
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