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Willow, Inc., has current assets of $160 million; property, plant, and equipment of $330 million; and other assets totaling $150 million. Current liabilities are
Willow, Inc., has current assets of $160 million; property, plant, and equipment of $330 million; and other assets totaling $150 million. Current liabilities are $190 million and long-term liabilities total $350 million. Read the requirements. (Enter all amounts in millions of dollars.) Requirement 1. Use the data provided to write Willow's accounting equation. Assets 640 Liabilities 540 Stockholders' equity 100 Requirement 2. How much in resources does Willow have to work with? Willow has $ million in resources to work with. Requirement 3. How much does Willow owe creditors? Willow owes creditors $ million. Requirement 4. How much of the company's assets do the Willow stockholders actually own? The Willow stockholders actually own $ million of the company's assets.
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