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Willow, Inc., has current assets of $220 million; property, plant, and equipment of $320 million; and other assets totaling $130 million. Current liabilities are
Willow, Inc., has current assets of $220 million; property, plant, and equipment of $320 million; and other assets totaling $130 million. Current liabilities are $160 million, and long-term liabilities total $380 million. Read the requirements. (Enter all amounts in millions of dollars.) Requirement 1. Use the data provided to write Willow's accounting equation. (Enter all amounts in millions of dollars.) Requirement 2. How much in resources does Willow have to work with? Willow has million in resources to work with. Requirements A. Use these data to write Willow's accounting equation. 2. How much in resources does Willow have to work with? 3. How much does Willow owe creditors? 4. How much of the company's assets do the Willow stockholders actually own? Print Done - X Read the requirements. (Enter all amounts in millions of dollars.) 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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