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Applying the Accounting Equation and Assessing Financing Contributions Determine the missing amount from each of the...

Applying the Accounting Equation and Assessing Financing Contributions
Determine the missing amount from each of the separate situations below.

($ millions) Assets = Liabilities + Equity
a. Motorola, Inc. $26,677 $? $10,987
b. Kraft Foods Inc. ? 60,447 35,942
c. Merck & Co., Inc. 106,881 48,976 ?


a. $__________million

b. $__________million

c. $__________million

Which of these companies is more owner-financed? Which of these companies is more creditor-financed?

Company most owner-financed:

Company most creditor-financed:

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