Homework Answers
1
Part 1
Part 2
Part 3
Assets =Liability + Shareholder equity
a Assets=35000+60000=$950000
b Liability=Assets- Shareholder equity=$80000-$35000=$45000
c Shareholder equity=Assets-Liability=$675000-$227000=$448000
Part 4
Assets =Liability + Shareholder equity
Target Liabilities =Assets- Shareholder equity=44106-1371=$$30394
Walmart Assets=Liability + Shareholder equity=98906+64608=$163514
Costco Shareholder equity=Assets-Liability=20682-11490=$9192
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