Question: The basic accounting equation is: Assets 5 Liabilities 1 Owners Equity. Replacing the words in that equation with dollar amounts, what is Coca-Colas accounting equation

The basic accounting equation is: Assets 5 Liabilities 1 Owner’s Equity. Replacing the words in that equation with dollar amounts, what is Coca-Cola’s accounting equation at December 31, 2009? (Hint: Owner’s equity is equivalent to shareowners’ equity.)

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