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Use the basic accounting equation to answer these questions. (a) The liabilities of Ivanhoe Company are $96,300 and the stockholders' equity is $277,000. What
Use the basic accounting equation to answer these questions. (a) The liabilities of Ivanhoe Company are $96,300 and the stockholders' equity is $277,000. What is the amount of Ivanhoe's total assets? Total assets $ (b) The total assets of Tamarisk Company are $184,000 and its stockholders' equity is $88,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Sarasota Co. are $855,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Sarasota's stockholders' equity? Stockholders' equity $
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