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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Compute the missing amount in the accounting equation for each company (amounts in billions):
Â
 |
 |
 |
 |
Assets |
Liabilities |
Owners’ Equity |
|
Fresh Produce |
$ Â ? |
$20 |
$17 |
Margie’s Bank |
30 |
? |
12 |
Flowers and Gifts |
21 |
6 |
? |
 |
 |
 |
 |
Â
Which company appears to have the strongest financial position? Explain your reasoning.
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