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Use the accounting equation to answer the following questions, 1. Picaresque Sails Co, has total assets of $140,000 and total liabilities of $45,000. What is

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Use the accounting equation to answer the following questions, 1. Picaresque Sails Co, has total assets of $140,000 and total liabilities of $45,000. What is stockholders' equity? Stockholders' equity 2. The Natenal Fun Center has total assets of $225,000 and stockholders' equity of $100,000. What are total liabilities? Total liabilities $ 3. Okkervil River Restaurant has total liabilities of $50,000 and stockholders' equity of $100,000. What are total assets? Total assets $

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