The total assets and total liabilities of Toys R Us Inc. and Este Lauder Companies Inc. are
Question:
The total assets and total liabilities of Toys “R†Us Inc. and Estée Lauder Companies Inc. are shown below.
Determine the owners’ equity of eachcompany.
Transcribed Image Text:
ToysRUs Estee Estée Lauder Companies (in millions) Lauder Companies (in millions) Assets Liabilities $9,397 5,367 $3,417 1,955
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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