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Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $93,800 and the stockholders' equity is $245,000. What is
Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $93,800 and the stockholders' equity is $245,000. What is the amount of Crane's total assets? Total assets $ (b) The total assets of Swifty Company are $183,000 and its stockholders' equity is $81,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Blue Co. are $860,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Blue's stockholders' equity? Stockholders' equity $
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