Question -
(a) The liabilities of Jantz Company are $97,140 and the stockholders' equity is $231,800. What is the amount of Jantz Company's total assets?
(b) The total assets of Foley Company are $175,400 and its stockholders' equity is $89,400. What is the amount of its total liabilities?
(c) The total assets of Sundberg Co. are $903,400 and its liabilities are equal to one-fourth of its total assets. What is the amount of Sundberg Co.'s stockholders' equity?