u nchrous NAME: ACCT SECTION CHAPTER ONE INTRODUCTION TO FINANCIAL STATEMENTS LO11 AND LO 12 Question 3- 11 points: In-Class Group Practice Exercise Basic Accounting Equation Assets = Liabilities + Stockholders' Equity On December 31, 2015 Honeywell Inc. reported financial data below. Please complete the annual financial information using the accounting equation. Analyze the change in financial data for Honeywell Inc. ACCOUNTING EQUATION (dollars in millions) TIME PERIOD FORMULAS ASSETS (A) LIABILITIES (L) STOCKHOLDERS' EQUITY (SOE) (A=L+SOE) $18,418 $49,316 31-Dec-15 $30,898 (A- SOE = ) $34,59 $19,547 31-Dec-16 $54,146 (A- L= SOE) $59,470 $42, 805 IGLGS 31-Dec-17 (L+ SOE = A) 57, 773 $18,358 $39,415 31-Dec-18 STOCKHOLDERS' EQUITY LIABILITIES ASSETS What was the total change in the dollar amount and the percentage change in laccounts from 2015 to 2018? Round to 2 dedimal $ -60 $ 8.4157 places