Question: Use the accounting equation to compute the missing financial amounts ( a ) , ( b ) , and ( c ) . $ millionsAssets

Use the accounting equation to compute the missing financial amounts (a),(b), and (c).
$ millionsAssets=Liabilities+EquityHewlett-Packard$235,140=$173,208+$ (a)General Mills$47,766=$ (b)+$11,675Target$ (c)=$60,071+$28,505
a. Equity: $Answer 1
b. Liabilities: $Answer 2
c. Assets: $Answer 3
Determine the percentage of owner-financing for each company.
CompanyNumeratorDenominator% Owner-financedHewlett-PackardAnswer 4Answer 5General MillsAnswer 6Answer 7TargetAnswer 8Answer 9
Which of these companies is the most owner-financed? Answer 10Hewlett-PackardGeneral MillsTarget
Which of these companies is the most nonowner-financed? Answer 11Hewlett-PackardGeneral MillsTarget

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