Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts. Liabilities + Equity $78,731 $ $ millions Hewlett-Packard General Mills Target $ OGeneral Mills OTarget Assets $106,882 $21,712 OTarget 0 $ 0 $27,305 Which of these companies is more owner-financed? OHewlett-Packard 0 $5,307 $12,957 Which of these companies is more nonowner-financed? OGeneral Mills OHewlett-Packard

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Chapter3: Analysis Of Financial Statements
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Applying the Accounting Equation and Computing Financing Proportions
Use the accounting equation to compute the missing financial amounts.
$ millions
Hewlett-Packard
General Mills
Target
$
OGeneral Mills
OTarget
Assets
$106,882
$21,712
0
OTarget
Liabilities + Equity
$78,731 $
0
$27,305
$
Which of these companies is more owner-financed?
OHewlett-Packard
0
$5,307
$12,957
Which of these companies is more nonowner-financed?
OGeneral Mills
OHewlett-Packard
Transcribed Image Text:Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts. $ millions Hewlett-Packard General Mills Target $ OGeneral Mills OTarget Assets $106,882 $21,712 0 OTarget Liabilities + Equity $78,731 $ 0 $27,305 $ Which of these companies is more owner-financed? OHewlett-Packard 0 $5,307 $12,957 Which of these companies is more nonowner-financed? OGeneral Mills OHewlett-Packard
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