Each of the following requirements is independent of the others.
a)Valdez Corporation has liabilities of $95,000 and stockholders' equity of $115,000. What is the amount of Valdez's assets? ________b)Global Company has assets of $320,000 and liabilities of $95,000. What is the amount of Global's stockholders' equity? ________c)Brown Company has assets of $90,000 and liabilities of $25,000. What is the amount of Brown's claims? ________

Question

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The Answer of Each of the following requirements is independent of the others.
a)Valdez Corporation has liabilities of $95,000 and stockholders' equity of $115,000. What is the amount of Valdez's assets? ________b)Global Company has assets of $320,000 and liabilities of $95,000. What is the amount of Global's stockholders' equity? ________c)Brown Company has assets of $90,000 and liabilities of $25,000. What is the amount of Brown's claims? ________

Each of the Following Requirements Is Independent of the Others