Question: Question 4 Use the basic accounting equation to answer these questions. (a) The liabilities of Lantz Company are $ 93,800 and the stockholders' equity is

Question 4 Use the basic accounting equation to answer these questions.

Question 4 Use the basic accounting equation to answer these questions. (a) The liabilities of Lantz Company are $ 93,800 and the stockholders' equity is $245,000. What is the amount of Lantz Company's total assets? Total assets (b) The total assets of Salley 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 Brandon Co. are $ 860,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Brandon Co's stockholders' equity? Stockholders' equity

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