Question

Jaska Services, Inc., has current assets of $208 million; property, plant, and equipment of $338 million; and other assets totaling $107 million. Current liabilities are $156 million and long-term liabilities total $100 million.

Requirements
1. Use these data to write Jaska Services Inc.’s accounting equation.
2. How much in resources does Jaska Services have to work with?
3. How much does Jaska Services owe creditors?
4. How much of the company’s assets do the Jaska Services, Inc.’s stockholders actually own?



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  • CreatedJuly 25, 2014
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