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Category > Business & Finance Posted 01 Jun 2017 My Price 9.00

Applying the Accounting Equation and Financial Statement Articulation

Applying the Accounting Equation and Financial Statement Articulation

Answer the following questions. ( Hint : Apply the accounting equation.)

  1. intel corporation had assets equal to $63,186 million and liabilities equal to $13,756 million for a recent year-end. What was the total equity for intel’s business at year-end?

  2. At the beginning of a recent year, Jetblue ’s assets were $6,549 million and its equity was

$1,546 million. During the year, assets increased $44 million and liabilities decreased $64 million. What was its equity at the end of the year?

 

  1. At the beginning of a recent year, The W alt Disney c ompany ’s liabilities equaled $29,864 mil- lion. During the year, assets increased by $2,918 million, and year-end assets equaled $72,124 million. liabilities increased $2,807 million during the year. What were its beginning and ending amounts for equity?

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Status NEW Posted 01 Jun 2017 05:06 AM My Price 9.00

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