Answer:
For ABC CORPORATION, stockholders' equity is $21,896,000,000
For XYZ CORPORATION, stockholders' equity is $19,722,000,000
Explanation:
Stockholders' Equity is the owner's residual interest in the business.
The formula for equity equals Asset minus liability
For ABC CORPORATION =
Asset = $39,100,000,000
Liability = $17,204,000,000
Stockholders' Equity = Asset - Liability
= $39,100,000,000 - $17,204,000,000 = $21,896,000,000
For XYZ CORPORATION =
Asset = $37,927000,000
Liability = $18,205000,000
Stockholders' Equity = Asset - Liability
= $37,927,000,000 - $18,205000,000 = $19,722,000,000
