Question: Use the basic accounting equation to answer these questions. (a) The liabilities of Cullumber Company are $96,300 and the stockholders equity is $256,000. What is

Use the basic accounting equation to answer these questions. (a) The liabilities of Cullumber Company are $96,300 and the stockholders equity is $256,000. What is the amount of Cullumbers total assets?

Total assets

$enter a dollar amount

(b) The total assets of Vaughn Company are $182,000 and its stockholders equity is $90,000. What is the amount of its total liabilities?

Total liabilities

$enter a dollar amount

(c) The total assets of Riverbed Co. are $900,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Riverbeds stockholders equity?

Stockholders equity

$enter a dollar amount

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