Question: Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts (a), (b), and (c). Which of these

Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts (a), (b), and (c). Which of these companies is more owner-financed? Which of these companies is more nonowner-financed? Discuss why the proportion of owner financing might differ across these three businesses.

$ millions Assets 5 Liabilities 1 Equity Hewlett-Packard. . . . . . . . . . . . . . . . . . . . . . . . . . . . $106,882 ???? $78,731 1 $ (a)
General Mills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 21,712 ???? $

(b) 1 $ 5,307 Target. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

(c) ???? $27,305 1 $12,957

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