Question: Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $90,000 and the stockholders' equity is
Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $90,000 and the stockholders' equity is $280,000. What is the amount of Crane's total assets? Total assets $ D (b) The total assets of Bramble Company are $185,000 and its stockholders' equity is $82,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Pronghorn Co. are $865,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Pronghorn's stockholders' equity? Stockholders' equity $ Terthnlr and
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