Question: For the two most recent years list the amounts reported for total assets, total liabilities, and total stockholders equity. For each type of account, identify

For the two most recent years list the amounts reported for total assets, total liabilities, and total stockholders’ equity. For each type of account, identify what the trend indicates. Does the accounting equation hold true both years?

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Amounts in millions 2009 2008 Total assets 50252 47306 ... View full answer

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