Question: Current Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $93,800 and the stockholders' equity

 Current Attempt in Progress Use the basic accounting equation to answer

Current Attempt in Progress Use the basic accounting equation to answer these questions. (a) The liabilities of Crane Company are $93,800 and the stockholders' equity is $245,000. What is the amount of crane's total assets? Total assets $ 151200 (b) The total assets of Switty Company are $183,000 and its stockholders' equity is $81,000. What is the amount of its total liabilities? Total liabilities $ (c) The total assets of Blue Co. are $860,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Blue's stockholders' equity

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